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Killing the Golden Goose? The Decline of Science in Corporate R&D

Arora, Ashish - 2015

Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …

Persistent link: https://www.econbiz.de/10012457764

From Imitation to Innovation : Where Is all that Chinese R&D Going?

König, Michael - 2020

two strategies toward that end: imitation and innovation. The theory bears predictions about the evolution of the …

Persistent link: https://www.econbiz.de/10012481599

International R&D Spillovers : A Re-Examination

Lichtenberg, Frank - 1996

Coe and Helpman(1995) have measured the extent to which technology spills over between industrialized countries through the particular channel of trade flows. This paper re-examines two particular features of their study. First, we suggest that their functional form of how foreign R&D affects...

Persistent link: https://www.econbiz.de/10012473174

Learning When to Quit : An Empirical Model of Experimentation

Ganglmair, Bernhard - 2018

We study a dynamic model of the decision to continue or abandon a research project. Researchers improve their ideas over time and also learn whether those ideas will be adopted by the scientific community. Projects are abandoned as researchers grow more pessimistic about their chance of success....

Persistent link: https://www.econbiz.de/10012453356

Are Ideas Getting Harder to Find?

Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012453929

The Quality of Ideas : Measuring Innovation with Multiple Indicators

Lanjouw, Jean O. - 1999

We model early expectations about the value and technological importance ('quality') of a patented innovation as a …

Persistent link: https://www.econbiz.de/10012471439

The Spatial Mismatch Between Innovation and Joblessness

Glaeser, Edward L. - 2019

's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …

Persistent link: https://www.econbiz.de/10012479862

Accounting for Innovation in Consumer Digital Services : IT Still Matters

Byrne, David - 2019

This paper develops a framework for measuring digital services in the face of ongoing innovations in the delivery of content to consumers. We capture what Brynjolfsson and Saunders (2009) call "free goods" as the capital services generated by connected consumers' stocks of IT digital goods, a...

Persistent link: https://www.econbiz.de/10012479959

The Reorganization of Inventive Activity in the United States during the Early Twentieth Century

Lamoreaux, Naomi R. - 2009

The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...

Persistent link: https://www.econbiz.de/10012463209

Innovation and Productivity in SMEs : Empirical Evidence for Italy

Hall, Bronwyn H. - 2008

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …

Persistent link: https://www.econbiz.de/10012464055