example in which more rational agents systematically perform worse than less rational ones. -- Innovation ; Endogenous Growth …

differentiation and component innovation. We show that, as the complexity of the product spaces increases, stronger patent regimes … yield lower rates of innovation, lower product quality and lower consumers' welfare. -- Patents ; appropriability of … innovation ; complex product industries ; industrial dynamics …

interpretative achievements stemming from e.g. the economics of innovation, industrial economics, epistemilogy of knowledge, economic … dynamic coupling between technological learning, forms of corporate organization and economic evolution. -- Innovation …