Public policy responses to the economics of innovation of Nelson and Arrow have sought to remedy the under-provision of innovation in free markets. This tradition in innovation economics and innovation policy assumes that innovation is normatively desirable. But much innovation occurs in...

The development of Web3 - a stack of decentralised technologies underpinned by blockchains - isn’t simply a technical or financing challenge, it is also a problem of innovation and entrepreneurial discovery. In this paper we apply the lens of user innovation toolkit theory to the development...