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Generative Artificial Intelligence (AI) is a potentially important new technology, but its impact on the economy depends on the speed and intensity of adoption. This paper reports results from the first nationally representative U.S. survey of generative AI adoption at work and at home. In...
Persistent link: https://www.econbiz.de/10015072907
Hierarchies allow individuals to leverage their knowledge through others' time. This mechanism increases productivity … and organization of U.S. lawyers and use the equilibrium model of knowledge hierarchies in Garicano and Rossi …
Persistent link: https://www.econbiz.de/10012465842
We study the relationships between corporate R&D and three components of public science: knowledge, human capital, and … established firms, which account for more than three-quarters of business R&D, is affected by scientific knowledge produced by … innovation in firms. However, inventions from universities and public research institutes substitute for corporate inventions and …
Persistent link: https://www.econbiz.de/10014437030
travel for technology sourcing and innovation by examining whether patenting in European regions is affected by the number of … Travelers, we find that controlling for a region's R&D spending and size, innovation is increasing in the number of business …, compared to Portugal's Algarve region …
Persistent link: https://www.econbiz.de/10012479811
fertility of an innovation in generating more innovations cannot be observed. The menu of patent scope can be implemented with …
Persistent link: https://www.econbiz.de/10012471726
the israeli economy in the nineties and beyond. In this paper we present a close-up portrait of innovation in Israel for …
Persistent link: https://www.econbiz.de/10012471778
Recent research on financial market valuation of the knowledge assets of publicly traded firms is surveyed. The … motivation for using a market value equation to price knowledge assets is discussed and the theory behind this equation is … value of the modern manufacturing corporation is strongly related to its knowledge assets, and that patent measures contain …
Persistent link: https://www.econbiz.de/10012471824
products to China. We find causal evidence that offshoring impacts both the level and nature of innovation. In the technologies … directly related to product categories that could be offshored more easily after the policy shock, overall innovation levels … decline and innovative effort shifts away from product innovation and towards process innovation. However, we also find …
Persistent link: https://www.econbiz.de/10012616565
observable trade flows and the dynamics of innovation and knowledge diffusion …, the forces of innovation and diffusion combine to shape trade substitution patterns. Innovation makes a country … technological similarity and increases head-to-head competition. In the special case of an innovation-only model where countries do …
Persistent link: https://www.econbiz.de/10012814404