Non-Neutral Marginal Innovation Costs, Omitted Variables, and Induced Innovation

Development , Innovation , and Coordination Costs

Path Dependence and Induced Innovation

This paper presents an endogenous growth model that captures the origins of path dependence and technological lock-in and introduces a mechanism of induced innovation, which can trigger new research. Imperfect spillovers of secondary development can make the development of new technologies unattractive until research ceases in the long run. Changes in the relative supply of primary factors act ...

Induced Innovation and Energy Prices

This paper uses U.S. patent data from 1970 to 1994 to estimate the effect of energy prices on energy-efficient innovations. It focuses on both demand-side factors, which spur innovative activity by increasing the value of new innovations, and supply-side factors, such as scientific advancements that make new innovations possible. Using patent citations as a measure of the usefulness of the exis...

Innovation, innovation strategy and survival

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Innovation surveys and innovation policy