The seventeenth annual volume of the National Bureau of Economic Research's (NBER) Innovation Policy and the Economy seeks to provide an accessible forum to bring the work of leading academic researchers to an audience of policymakers and those interested in the interaction between public policy and innovation. In the first chapter Joel Waldfogel discusses how reduced costs of production has resulted in a "Golden Age of Television," arguing that this development has gone underappreciated. The second, by Marc Rysman and ...
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The seventeenth annual volume of the National Bureau of Economic Research's (NBER) Innovation Policy and the Economy seeks to provide an accessible forum to bring the work of leading academic researchers to an audience of policymakers and those interested in the interaction between public policy and innovation. In the first chapter Joel Waldfogel discusses how reduced costs of production has resulted in a "Golden Age of Television," arguing that this development has gone underappreciated. The second, by Marc Rysman and Scott Schuh, discusses the prospects for innovation in payment systems, including mobile payments, faster payment systems, and digital currencies. In the third paper, Catherine Tucker and Amalia Miller analyze the consequences of patient data becoming virtually costless to store, share, and individualize, showing how data management and privacy issues have become a key factor in health policy. The fourth, by Michael Luca, examines how online marketplaces have proliferated over the past decade, evolving far beyond the pioneers such as eBay and Amazon. In the fifth essay, Tim Bresnahan and Pai-Ling Yin characterize information and communication technologies in the workplace, addressing how wages vary with increasing demand for smart managers and professionals, and workers with organizational participation skills.
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