Olav Sorenson from Yale published a new NBER working paper called “Innovation Policy in a Networked World”. The essay is quite interesting because it reviews insights we got from social network theory (no, not Facebook, although you could analyze Facebook with the same tools) and puts them into context for designing effective policy measures to stimulate innovation. Continue reading Networking For Innovation
Last week I had the chance to attend a fantastic conference organized by the Innovation Growth Lab in London on the use of randomized control trials (RCT) in innovation policy evaluation. Field experiments to assess whether certain policies work are already very popular in fields such as development economics. But surprisingly little has been done in OECD countries to this day. Continue reading Does Innovation Policy Really Work?