The value of Patents in Innovation

Patent systems are often justified by an assumption that innovation will be spurred by the prospect of patent protection. However, little empirical evidence exists to support this assumption. One way to test the hypothesis that a patent system promotes innovation is...

Social Innovation Fund from Obama

For those who are interested in social innovation, you should read the press release from President Obama. To quote: And that's precisely the idea behind the $50 million innovation fund included in the Edward M. Kennedy Serve America Act -- an initiative designed to...