Legalized Marijuana and Innovation – Houston Public MediaPosted by On

The U.S. has seen a growing trend in favor of marijuana legalization in the last three decades. Decision & Information Sciences Associate Professor Ricky Tan at the Bauer College of Business at the University of Houston discusses how that impacts other areas, such as innovation.

“One overlooked but very important perspective is that marijuana’s increased use and related consequences can affect innovators’ behavior and social environment during the innovation process, which in turn impacts regional innovation activities.”

“Our research has found that the quality of all patents deteriorates, leading to a negative impact on the overall innovation output.”

“The evidence suggests that legalizing medical marijuana has an adverse effect on regional innovation activity.”

For more stories from the Bauer Business Focus, click here.

Original Author Link click here to read complete story..


Bauer Business Focus

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.