Governments are important financiers of private sector innovation. While these public funds can ease capital … for innovation programs strengthened the relationship between firms' historical innovative efficiency and subsequent … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …

This paper exploits a tax reform on manufacturing firms in China to study the impact of taxes on firm innovation. The … innovation. Moreover, the reform has a bigger impact on firms that are financially constrained and firms that engage more in tax …

Data-intensive technologies, like AI, are increasingly widespread. We argue that the direction of innovation and growth … implications of government data access for the direction of innovation, growth, and welfare. We conclude with three applications … showing how data-intensive innovation may be shaped by the state: both directly, by setting industrial policy; and indirectly …

innovation by firms, and ask if it impacted firms more than 30 years later. We examine the innovation of firms with CEOs who …

from China impact U.S. innovation through the markets for innovation and existing products. We identify shocks to … innovation competition using the geography of Chinese internet penetration and Chinese import data. Increases in the ability of … Chinese industry peers to gather knowledge through the internet are followed by reductions in U.S. R&D investment and …

list, suspension-induced delay substantially reduces their innovation activity, measured using patent quantity and quality …-lived. The corporate innovation process, like an individual's accumulation of human capital, has a cumulative dimension …

capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm …

Can frontier innovation be sustained under autocracy? We argue that innovation and autocracy can be mutually … stimulates further innovation in applications beyond those benefiting it directly. We test for such a mutually reinforcing … suppresses subsequent unrest. We then show that AI innovation benefits from autocrats' suppression of unrest: the contracted AI …

The development prospects of a poor country depend in part on its capacity for innovation. The productivity of its … innovators depends in turn on their access to technological knowledge. The emigration of highly skilled individuals weakens local … knowledge networks (brain drain), but may also help remaining innovators access valuable knowledge accumulated abroad (brain …