of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …

Ethnic inventors play important roles in US innovation systems, especially in high-tech regions like Silicon Valley. Do … ‘ethnicity-innovation’ channels exist elsewhere? This paper investigates, using a new panel of UK patents microdata. In theory …, ethnicity might affect positively innovation via ‘star’ migrants, network externalities from co-ethnic groups, or production …

implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers’ knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …