"Innovation Policy and the Economy" provides an ongoing forum for the presentation of research on the interactions among public policy, the innovation process, and the economy. Papers in this volume include a consideration of the complex set of innovation policy challenges that arise in managing publicly funded research, an examination of the increasingly visible role of philanthropic funding for science, a look at the increasingly contentious issue of public funding of growth-oriented entrepreneurship, and two papers that turn their attention to the evaluation of recent federal policy changes as the result of the America Invents Act and the America Competes Act.