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Full-Text Articles in Social and Behavioral Sciences
Social Insurance And The Design Of Innovation Incentives, Darius Noshir Lakdawalla, Neeraj Sood
Social Insurance And The Design Of Innovation Incentives, Darius Noshir Lakdawalla, Neeraj Sood
Darius N. Lakdawalla
We consider the insurance aspects of research policy. Patents or rewards have an advantage over research subsidies when a new invention replaces an existing good at lower cost. Research subsidies have an advantage when inventions spawn an entirely new product.
Food Safety Innovation In The United States Evidence From The Meat Industry, Elise Golan, Tanya Roberts, Elisabete Salay, Julie Caswell, Michael Ollinger, Danna Moore
Food Safety Innovation In The United States Evidence From The Meat Industry, Elise Golan, Tanya Roberts, Elisabete Salay, Julie Caswell, Michael Ollinger, Danna Moore
Julie Caswell
Recent industry innovations improving the safety of the Nation’s meat supply range from new pathogen tests, high-tech equipment, and supply chain management systems, to new surveillance networks. Despite these and other improvements, the market incentives that motivate private firms to invest in innovation seem to be fairly weak. Results from an ERS survey of U.S. meat and poultry slaughter and processing plants and two case studies of innovation in the U.S. beef industry reveal that the industry has developed a number of mechanisms to overcome that weakness and to stimulate investment in food safety innovation. Industry experience suggests that government …