Patents
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Influencing Innovation: Government’s Role in Subsidizing R&D
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Firms often underinvest in research and development (R&D) when there is no government intervention. There are many uncertainties and risks that discourage firms from investing in R&D, which slows the pace of innovation. To address this problem, governments can provide firms with subsidies to incentivize new product creation or improve…
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Technology as an Urban Solution to Economic Decline
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Research shows that US cities recover more quickly from economic crises when they possess a workforce with a technologically diverse knowledge base that can be readily applied to related areas.
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Driving Innovation: Firm Diversity and the Startup Ecosystem
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Diversity of firm size is arguably a vital contributor to a region’s innovation.
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Weaken the US Patent System to Encourage Innovation
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Does current US patent law protect entrepreneurs or inhibit innovation?