increases than others. Legalizing medical cannabis could reduce opioid-related mortality if potential opioid users substitute … towards cannabis as a safer alternative. I show, however, that a substantial reduction in opioid-related mortality associated … with the implementation of medical cannabis laws can be explained by selection bias. States that legalized medical cannabis …

We identify a positive causal effect of healthy working environments on corporate innovation, using the staggered … with weaker pre-existing tobacco controls. We present suggestive evidence that smoke-free laws affect innovation by …

Disruptive innovation creates increasing regulatory challenges. The reason for this is simple: Regulation is usually … 2015, the paper shows how investment data can provide important feedback on innovation trends and associated risks for …

Despite numerous and diverse efforts, environmental law generally fails to promote technological innovation with … environmental benefits. Such innovation could have myriad human health and environmental benefits, while simultaneously reducing the … in where environmental law has failed to efficiently provide greater incentives for environmental innovation. A patent …

A large consensus in the literature suggests that law has a diminishing capacity to react to innovation. After … of the so-called pacing problem between regulation and innovation, the chapter evaluates proposed remedies for the pacing …

We examine how overall workforce health affects corporate innovation output. Using 26,962 firm-year observations in the … U.S. from 2008-2019, we document that better workforce health is associated with better innovation output. We use the … association between health and innovation is stronger when firms face more creative destruction and higher product market …

that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …

To examine the drivers of innovation, this paper studies the global R&D effort to fight the deadliest diseases and … innovation can be very large, as demonstrated by aggregate flow of clinical trials increasing by 38% in 2020, with limited … economists are naturally in favor of market size as a driving force for innovation (i.e."if the market size is sufficiently large …