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.About the Author: Joshua Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, with a joint appointment in the finance and entrepreneurial management units and a research associate of the NBER. Scott Stern is associate professor of management strategy at the Kellogg School of Management, Northwestern University, and a research associate of the NBER.