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Expected Profits and the Scientific Novelty of Innovation

Dranove, David; Garthwaite, Craig; Hermosilla, Manuel - 2022

Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for …

Persistent link: https://www.econbiz.de/10013309194

The Economics of Crisis Innovation Policy : A Historical Perspective

Gross, Daniel P.; Sampat, Bhaven N. - 2021

-produced penicillin, antimalarials, and a flu vaccine. We draw on this episode to discuss the economics of crisis innovation. Since the …

Persistent link: https://www.econbiz.de/10013251453

Bias Against Novelty in Science : A Cautionary Tale for Users of Bibliometric Indicators

Wang, Jian - 2016

Research which explores unchartered waters has a high potential for major impact but also carries a higher uncertainty of having impact. Such explorative research is often described as taking a novel approach. This study examines the complex relationship between pursuing a novel approach and...

Persistent link: https://www.econbiz.de/10012993848

European Technology Policy

Eaton, Jonathan; Gutierrez, Eva; Kortum, Samuel S. - 2021

European countries do less research than Japan and the United States. We use a quantitative multi-country growth model to ask: (i) Why is this so? (ii) Would there be any benefit to expanding research in Europe? (iii) What would various European research promotion policies do? We find that (i)...

Persistent link: https://www.econbiz.de/10013245102

Inventing the Endless Frontier : The Effects of the World War Ii Research Effort on Post-War Innovation

Gross, Daniel P.; Sampat, Bhaven N. - 2022

During World War II, the U.S. government launched an unprecedented effort to mobilize science for war: the newly-established Office of Scientific Research and Development (OSRD) entered thousands of R&D contracts with industrial and academic contractors, spending one to two orders of magnitude...

Persistent link: https://www.econbiz.de/10013292242

Procuring Knowledge

Maurer, Stephen M.; Scotchmer, Suzanne - 2021

There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...

Persistent link: https://www.econbiz.de/10013218398

Bringing Science to Market : Commercializing from NIH Sbir Awards

Link, Albert - 2015

U.S. National Institutes of Health's (NIH's) Small Business Innovation Research (SBIR) award program. Based on this …

Persistent link: https://www.econbiz.de/10012750210

Innovation and Trade Policy in a Globalized World

Akcigit, Ufuk - 2018

innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … innovation motive, (ii) the expansionary innovation motive, and (iii) technology spillovers. The theoretical investigation …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for …

Persistent link: https://www.econbiz.de/10012920880

Do Innovation Subsidies Make Chinese Firms More Innovative? Evidence from the China Employer Employee Survey

Cheng, Hong - 2019

the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find … that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these … also find that the firms that receive innovation subsidies file and receive more patents, are more likely to introduce new …

Persistent link: https://www.econbiz.de/10012895014

Tax Policy for Innovation

Hall, Bronwyn H. - 2019

A large number of countries around the world now provide some kind of tax incentive to encourage firms to undertake innovative activity. This paper presents the policy rationale for these incentives, discusses their design and potential effectiveness, and reviews the empirical evidence on their...

Persistent link: https://www.econbiz.de/10012871938