Innovation

The Tech Barons’ Ideological Platter

Far from their self-promoted image as the world’s most innovative companies, the major tech platforms stifle plenty of innovation and invest in...

Why We Need to Stop Relying On Patents to Measure Innovation

Patent databases may be a smoke screen that hides the true issues, problems, and dynamics of innovation behind the illusion that innovation...

The Economic and Social Implications of Racial Disparities: A Webinar With Lisa Cook

Michigan State University professor Lisa Cook joined Princeton’s Bendheim Center for Finance to discuss how violence impacts innovation, as well as the...

High-Priced Acquisitions of Tech Startups Do Not Always Stimulate More Innovation

What seems to be a big reward to innovation ultimately reduces the incentive to innovate, argues a new Stigler Center working paper by Krishna...

Are “Patent Trolls” Stick-Up Artists or Just Benign Middlemen?

A new study explores the dual effect that non-practicing entities, commonly known as patent trolls, have on innovation and the market of ideas. The discussion...

Inside Tech’s “Kill Zone”: How to Deal With the Threat to Edge Innovation Posed by Multi-Sided Platforms

Dominant tech platforms can exploit the vast amounts of user data available only to them to squash startups and independent providers. Hal...

Google and Facebook’s “Kill Zone”: “We've Taken the Focus Off of Rewarding Genius and Innovation to Rewarding Capital and Scale”

A Stigler Center panel explores the implications of tech giants’ dominance on innovation and startups. Earlier this week, Treasury Secretary Steven Mnuchin joined a growing...

The Motives of “Joiners” Explain Higher Rates of Innovation in Startup Firms

It’s not just the founders of startups who boast an entrepreneurial spirit and a willingness to take risks. Those who join new ventures show...

Are Innovators Born or Made?

The question of whether people are born with innovative talent or can develop it has knock-on effects to issues ranging from productivity growth in...

America's "Lost Einsteins" Are Dealing a Blow to Innovation

A new paper finds that America is full of "lost Einsteins" among women, minorities, and low-income groups: high performers who never become inventors because...

LATEST NEWS

News

International Policymaking Must Evolve

Paul Tucker

In this Q&A about his new book for ProMarket, Paul Tucker explains the changing global order and the need for academics, policymakers...

ESG

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Alessio Terzi

Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...

Academic Capture

Academic Bias Under the Microscope

Andy Shi

That scholarship often reflects conscious and unconscious biases has long been an open secret in academia. On April 22, Professors Christian Leuz,...

Money in Politics

Corporations Are Not “We the People”

Geoffrey R. Stone

The Citizens United ruling contradicts the Founders, decades of Supreme Court precedent and the will of the American people.

Antitrust and Competition

Too Many Economists Are Using a Flawed Theory To Defend Dominant Platforms’ Self-Preferencing Practices

David J. Balan

Congress is currently considering two major bills that would regulate “self-preferencing” and related conduct by dominant digital platforms. Criticism of these bills...