innovative than government or business funding alone would yield. It also enables significant innovation in the development of …Investments in the US Science, Technology, Engineering, Medicine and Innovation (STEMI) enterprise come from many …

This paper investigates changes in the output and productivity of research and development activities in Japanese …

How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … the various layers that connect R&D subsidies and higher education policy to productivity growth. We put the development … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study …

externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …

findings in part explain why innovation prizes lost favour as a technology policy instrument in both the United States and …

. 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 …

We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ …

innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …