The Innovation Policy and the Economy series provides a forum for research on the interactions among public policy, the innovation process, and the economy. Issues covered in Volume 11 are an exploration of innovation challenges in the health care and clean technology industries and the implications for public policy, a reconsideration of static antitrust analysis on innovation incentives, an examination of innovations in governance that encourage investment and growth, and the effect of the dynamic nature of scientific research and technological innovation on science policy.

The papers in the sixteenth volume of the National Bureau of Economic Research's Innovation Policy and the Economy offer insights into the changing landscape of innovation by highlighting recent developments in the financing of innovation and entrepreneurship and in the economics of innovation and intellectual property. The first chapter, by Ramana Nanda and Matthew Rhodes-Kropf, explores the process of experimentation in the context of financing of technology start-ups by venture capitalists. The second, by Yael Hochberg, also analyzes the role of entrepreneurial experimentation by...

The seventeenth volume of the National Bureau of Economic Research's Innovation Policy and the Economy provides an accessible forum for bringing 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 have resulted in a "Golden Age of Television," arguing that this development has gone underappreciated. The second chapter, by Marc Rysman and Scott Schuh, discusses the prospects for innovation in payment systems,...