Showing 1 - 10 of 101
This paper analyzes compliance with emission regulations, focusing on investment in innovation and cheating as primary … of innovation, the monitoring system in place, and the size of compliance costs. Successful innovation achieves … and demonstrate that investment in innovation and cheating are strategic substitutes. Firms invest less in innovation when …
Persistent link: https://www.econbiz.de/10015395758
We examine the influence of physical proximity on between-startup knowledge spillovers at one of the largest technology co-working hubs in the United States. Relying on the random assignment of office space to the hub's 251 startups, we find that proximity positively influences knowledge...
Persistent link: https://www.econbiz.de/10013334339
This paper studies how corporate research and development (R&D) investment affects labor mobility. We use employer-employee matched data in ordinary least squares and instrumental variables analyses to assess four hypotheses. R&D has no effect on worker retention, exit from employment, or...
Persistent link: https://www.econbiz.de/10012481009
Are scientific knowledge flows embodied in individuals, or "in the air"? To answer this question, we measure the effect of labor mobility in a sample of 9,483 elite academic life scientists on the citation trajectories associated with individual articles (resp. patents) published (resp. granted)...
Persistent link: https://www.econbiz.de/10012461974
The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
Persistent link: https://www.econbiz.de/10012464577
The rate of university patenting increased dramatically during the 1980s. To what extent did the knowledge flow patterns associated with public sector inventions change as university administrators and faculty seemingly became more commercially oriented? Using a Herfindahl-type measure of patent...
Persistent link: https://www.econbiz.de/10012466021
In science as well as technology, the diffusion of new ideas influences innovation and productive efficiency. With this …
Persistent link: https://www.econbiz.de/10012466678
Scientists who make breakthrough discoveries can receive above- normal returns to their intellectual capital, with returns depending on the degree of natural excludability - that is, whether necessary techniques can be learned through written reports or instead require hands-on experience with...
Persistent link: https://www.econbiz.de/10012473680
The acceleration of start-up activity is often cited as a rationale for the R&D tax credit, a key innovation policy …&D tax credit to increased R&D expenditures and innovation, prior work has not provided causal evidence that this policy …
Persistent link: https://www.econbiz.de/10012480045
Which factors shape the commercialization of academic scientific discoveries via startup formation? Prior literature has identified several contributing factors but does not address the fundamental problem that the commercial potential of a nascent discovery is generally unobserved, which...
Persistent link: https://www.econbiz.de/10012482422