the many margins through which tax policies can affect innovation, the main driver of economic growth in the long …-run. These margins include the impact of tax policy on i) the quantity and quality of innovation; ii) the geographic mobility of … innovation and inventors across U.S. states and countries; iii) the declining business dynamism in the U.S., firm entry, and …

building ; innovation ; industrial/technology policies …

innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …

patent boxes and R&D subsidies to promote innovation. We show that when countries set their tax policies non …-cooperatively, innovation is fostered, at the margin, only by the R&D subsidy, whereas the patent box tax rate is targeted at attracting …

Venture capital has become a dominant form of innovation finance, used by many high-tech startups. Europe lags the U … theory to show why employee stock options are a suitable solution to agency and incentive problems in this sector. A major …

entrepreneurial activity. We also examine evidence suggesting that it is young firms, not small ones, where job growth and innovation …

We consider innovation contests for the procurement of an innovation under moral hazard and adverse selection … random quality. Innovation quality is not contractible. We compare two procurement mechanisms -- a fixed prize and a first …