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

tightening constraints on water, arable land, and other natural resources, agricultural innovation is quickly becoming the most … universities, which, historically, have been a major source of agricultural innovation, increasingly dependent on funding from … evidence on the forces that drive research and innovation in agriculture. This book aims to provides such evidence through …

relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …

There is little econometric study of how governments should procure innovation. One choice facing policymakers is …” approach). We exploit a natural experiment in the widely emulated Small Business Innovation Research (SBIR) program. From 2018 … commercial innovation measured by VC funding and patenting. By contrast, Conventional awards have no effects on these outcomes …

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

consumer surplus, which many times is consistent with maximizing static efficiency after an innovation has been developed …