We examine the golden age of U.S. innovation by undertaking a major data collection exercise linking historical U … macro and micro-level determinants. We find a positive relationship between innovation and drivers of regional performance … delayed marriage, and tended to migrate to places that were conducive to innovation. Father's income was positively correlated …

Debates have long centered around the relative merits of prizes and other incentives for technological innovation. Some … proof of the efficacy of innovation prizes. The Society initially was averse to patents and prohibited the award of prizes … technological innovation and long-term economic development …

. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial … success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …

technology in this way both stimulated specialization at invention and further enhanced the opportunities available to …

We investigate the speed at which clusters of invention for a technology migrate spatially following breakthrough …

established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the … invention process promotes technological progress. The gains from pursuing such innovative research paths may, however, be very … the existing knowledge base. In this paper, we first develop a new approach to identifying research inputs in invention …