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Invention Value, Inventive Capability and the Large Firm Advantage
Arora, Ashish; Cohen, Wesley M.; Lee, Honggi; … - National Bureau of Economic Research - 2022
Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...
Persistent link: https://www.econbiz.de/10013362008
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Where Have All the "Creative Talents" Gone? Employment Dynamics of US Inventors
Akcigit, Ufuk; Goldschlag, Nathan - National Bureau of Economic Research - 2023
entrant or incumbent firm. If the inventor works for the entrant the innovation is implemented and the entrant displaces the …
Persistent link: https://www.econbiz.de/10014248003
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The Contribution of High-Skilled Immigrants to Innovation in the United States
Bernstein, Shai; Diamond, Rebecca; Jiranaphawiboon, Abhisit - National Bureau of Economic Research - 2022
We characterize the contribution of immigrants to US innovation, both through their direct productivity as well as … Number is assigned. We find immigrants represent 16 percent of all US inventors, but produced 23 percent of total innovation … premature inventor deaths, we find that immigrant inventors create especially strong positive externalities on the innovation …
Persistent link: https://www.econbiz.de/10013477290
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Political Sentiment and Innovation : Evidence from Patenters
Engelberg, Joseph; Lu, Runjing; Mullins, William; … - National Bureau of Economic Research - 2023
We document political sentiment effects on US inventors. Democratic inventors are more likely to patent (relative to Republicans) after the 2008 election of Obama but less likely after the 2016 election of Trump. These effects are 2-3 times as strong among politically active partisans and are...
Persistent link: https://www.econbiz.de/10014337851
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Induced Innovation, Inventors, and the Energy Transition
Dugoua, Eugenie; Gerarden, Todd - National Bureau of Economic Research - 2023
increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …
Persistent link: https://www.econbiz.de/10014421213