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When investing in research and development (R&D), institutions must decide whether to take a top-down approach – soliciting a particular technology – or a bottom-up approach in which innovators suggest ideas. This paper ...Read more...
Sabrina T. Howell, Jason Rathje, John Van Reenen and Jun Wong
13 April 2021
We examine the impact of government funding for R&D - and defense-related R&D in particular - on privately conducted R&D, and its ultimate effect on productivity growth. We estimate longitudinal models that rel...Read more...
Enrico Moretti, Claudia Steinwender and John Van Reenen
14 November 2019