Innovation Policy and the Economy, Volume 13

There is an active debate regarding the implications of technological change for economic policy and the appropriate policies and programs regarding research, innovation, and the commercialization of new technology. This debate has only intensified as policymakers focus on new sources of innovation and growth in light of the continuing economic downturn and the associated focus on enhancing employment and growth. Innovation Policy and the Economy provides an ongoing forum for the presentation of research on the interactions among public policy, the innovation process, and the economy. Papers in this volume include a consideration of the complex set of innovation policy challenges that arise in managing publicly funded research, an examination of the role of philanthropic funding for science, a look at public funding of growth-oriented entrepreneurship, and two papers that turn their attention to the evaluation of recent federal policy changes as the result of the America Invents Act and the America Competes Act.