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 …

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 …

Prizes have become a prominent alternative to patents as a mechanism to encourage innovation. This paper exploits the … whether – and how – prizes may encourage innovation, even without a cash award. Baseline tests compare changes in patents per … may encourage innovation, even in the absence of a cash award. It compares changes in patents per year after 1851 for …

We examine the effect of prizes on innovation using data on awards for technological development offered by the Royal …” technology sectors. Prizes encouraged competition and medals were more important than monetary awards. The boost to innovation we …