We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social plannerś benchmark, which suggests a role for patent policy. We focus on a "non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

We show a causal impact of immigration on innovation and dynamism in US counties. To identify the causal impact of … recent decades. We show four main results. First, immigration has a positive impact on innovation, measured by the patenting … impact of immigration on innovation percolates over space, but spatial spillovers quickly die out with distance. Fourth, the …

Open innovation has attracted an avalanche of interests from many practitioners and scholars, and is gradually becoming … innovation attempts. This paper aims at addressing the question of how to stimulate firms and managers to invest more resources … to open innovation, and focuses on social inducement's effectiveness, in the art of a pre-recorded video, using an …

innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in … most industries for most potential users, appropriating a foreign innovation is itself an investment decision fraught with … cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by …

Innovation occurs within ... …

about promoting innovation? I argue that empirical progress in patent law depends on greater policy diversity (rather than …Many scholars have wrestled with what I call the “first-order question” in patent law: What policies should we adopt to … promote innovation? This article grapples with the second-order question: What policies should we adopt to promote innovation …

innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in … most industries for most potential users, appropriating a foreign innovation is itself an investment decision fraught with … cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by …

innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now, in … most industries and for most potential users, appropriating a foreign innovation is itself an investment decision fraught … with cost and risk. Nonetheless, standard theory predicts too little innovation. Arguably the problem is exacerbated by the …