In the standard horizontal innovation model of endogenous growth, larger economies innovate more and grow faster. Due …

A common perception in the field of innovation is that large, incumbent firms rarely introduce radical product … in academic and popular accounts of radical innovation. This topic is important, because radical product innovation is an …

on the distribution of rents within firms and the firms' stability to the introduction of innovation. In the model, the … the introduction of innovation …

investments in innovation. But unlike monopolies in standard economic theory, innovation-based monopolies are temporary, for they …This paper describes what economists know, suspect, and guess about the underlying determinants of innovation. It … guide to avoiding public policy gaffes. A few general facts about innovation are relatively clear. Countries that show more …