Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …

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

development of new energy technologies (Popp, 2017). Energy innovation tends to consist of a series of partially overlapping …

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 …

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

Innovation is important for firm performance and broader economic growth. But breakthrough innovations necessarily … effect on the rate of breakthrough innovation and the profitability of firms …

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

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …