progression of scientific findings through a major university's technology transfer process and 2.) firms' use of the academic …

analysis proceeds in stages. It begins with an exogenous rate of innovation in order to focus on the first two components. The … last two components are added by endogenizing the rate of innovation. Finally, the paper considers the role of foreign …

solutions are applied to the case of Computed Tomography (CT) Scanners, a pathbreaking innovation in medical technology. The …

A defiining feature of modern economic growth is the systematic application of science to advance technology. However … major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a … firms and university technology transfer offices cannot fully substitute for corporate research, which had integrated …

We review a recent body of theoretical literature that links the creation and diffusion of knowledge and technology to …). We present models in the literature that extend the EK model of trade to innovation, diffusion, and multinational firms …

An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …

, the forces of innovation and diffusion combine to shape trade substitution patterns. Innovation makes a country … technological similarity and increases head-to-head competition. In the special case of an innovation-only model where countries do … observable trade flows and the dynamics of innovation and knowledge diffusion …

We study the optimal allocation of R&D resources in an endogenous growth model with an innovation network, through … more R&D toward key sectors that are upstream in the innovation network. Second, we extend to an open-economy setting and … spillovers has less incentive to direct resources toward innovation-upstream sectors, leading to cross-country differences in …