How has innovative and competitive behavior in computing and Internet markets evolved over the past half-century? In … innovation incentives; the importance of market-oriented learning; and the localization of economic activity. Despite dramatic … many of the same economic terms. In the second section, I closely examine the US commercial Internet experience in the 1990 …

inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their … earnings for a patent grant and for highly-cited patents a longer-lasting premium of 30% in earnings three years later. Similar …