A simple model of process innovation is proposed, where firms learn about their ideal production process by making …

Many cultural products have the same nonrival nature as scientific knowledge. They therefore face identical … creativity. Markets for intellectual assets protected by IP rights can produce too much or too little innovation. …

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …