antitrust intervention in markets where innovation is a critical dimension of competition. Both product and business innovations … reflect that new economic learning. This sequence has produced a fundamental link between innovation and antitrust error that … of innovation and innovative business practices. We discuss some principles for applying Easterbrook's error …

The article discusses service innovation in the investment banking industry. Service industry innovations differ from … innovations in industries that produce physical products because they rarely have intellectual property and patent protections … culture can support rather than hinder innovation. The creation of such a culture requires strong leadership and an emphasis …

experience hence illuminates the question of whether innovation responds to the changing economic environment or maintains … Civil War innovations, firearms, shoe mechanization, and petroleum. Using patent data, government procurement records, and … selected firm records to compare antebellum and wartime activities, I argue for the continuity of innovation in its content and …

This paper locates the notion of technological revolutions in the neo-Schumpeterian effort to understand innovation and … to identify the regularities, continuities and discontinuities in the process of innovation. It looks at the micro- and … that shape the rhythm and direction of innovation. On this basis it defines technological revolutions, examines their …

The extant literature linking slack time to innovation focuses on how slack time facilitates creative activities such … are less creative but still important for innovation, namely mundane, execution-oriented tasks. First, we document the …, we report timing and project type evidence consistent with the causal interpretation that slack time drives innovation …

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …

calculative practices such as accounting develop knowledge that functions as an engine (Mackenzie, 2006) for innovation. This is … practices trigger a process of mobilisation of knowledge and insight which become part of the innovation. This innovation, in … and the innovation: the innovation drifts because calculative practices are engines helping to bring this drift along. In …

Economists think of medical innovation as a valuable but risky good, producing health benefits but increasing financial … risk. This perspective overlooks how innovation can lower physical risks borne by healthy patients facing the prospect of … of health insurance. We show that any innovation worth buying reduces overall risk, thereby generating positive insurance …