Innovation
Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote it? While...
How the AT&T Case Can Inform Big Tech Breakups
Breaking up companies that antitrust regulators consider too dominant can be costly and might negatively impact innovation and consumer welfare. As economists and policymakers...
Industrial Policy From Engels to Eisenhower
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s back in...
Antitrust Deregulation is Undermining Innovation
A 2000 amendment to the Hart-Scott-Rodino Act made it easier for firms to merge without notifying US antitrust authorities. In new research, Giovanni Morzenti...
For the FDA, Fewer Regulations Can Create Safer Products
The US Food and Drug Administration is tasked with protecting consumers from unsafe food and medical products. In new research, Parker Rogers finds that...
Antitrust Misunderstands Innovation. This Is How We Fix It.
Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through sharing knowledge...
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 innovations that...
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 is booming—and...
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 economic and...
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...
