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The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact

Arora, Ashish; Cohen, Wesley M.; Walsh, John P. - National Bureau of Economic Research (NBER) - 2014

, suppliers and technology specialists. We also estimate the contribution of each source to innovation in the US economy. Although … rate of innovation in the economy. Indeed, results from a multinomial logit model suggest that, were the outside … availability of innovation to be removed, the percentage of innovating firms in the U.S. manufacturing sector would drop from 18 …

Persistent link: https://www.econbiz.de/10010951285

Extreme Wage Inequality: Pay at the Very Top

Bell, Brian D.; Reenen, John Van - In: American Economic Review 103 (2013) 3, pp. 153-57

We provide new evidence on the growth in pay at the very top of the wage distribution in the United Kingdom. Sectoral decompositions show that workers in the financial sector have accounted for the majority of the gains at the top over the last decade. New results are also presented on the pay...

Persistent link: https://www.econbiz.de/10010815747

The Globalization of the Software Industry: Perspectives and Opportunities for Developed and Developing Countries

Arora, Ashish; Gambardella, Alfonso - National Bureau of Economic Research (NBER) - 2004

The spectacular growth of the software industry in some non-G7 economies has aroused both interest and concern. This paper addresses two sets of inter-related issues. First, we explore the determinants of these successful stories. We then touch upon the broader question of what lessons, if any,...

Persistent link: https://www.econbiz.de/10005085393

Implications for Energy Innovation from the chemical industry

Arora, Ashish; Gambardella, Alfonso - National Bureau of Economic Research (NBER) - 2010

The history of innovation in the chemical industry offers many insights for accelerating energy innovation. In this … chapter, we begin by laying out the early history of the chemical industry for an overview of the role innovation has played … coal to oil, and briefly analyze two government programs that have attempted to promote innovation: synthetic rubber and …

Persistent link: https://www.econbiz.de/10008631696

Cash-out or flame-out! Opportunity cost and entrepreneurial strategy: Theory, and evidence from the information security industry

Arora, Ashish; Nandkumar, Anand - National Bureau of Economic Research (NBER) - 2009

), especially in innovation based industries. Striving for a cash-out makes mistakes more likely and increases the probability of …

Persistent link: https://www.econbiz.de/10008624629

Managing Licensing in a Market for Technology

Arora, Ashish; Fosfuri, Andrea; Roende, Thomas - National Bureau of Economic Research (NBER) - 2012

Over the last decade, companies have paid greater attention to the management of their intellectual assets. We build a model that helps understand how licensing activity should be organized within large corporations. More specifically, we compare decentralization--where the business unit using...

Persistent link: https://www.econbiz.de/10010950703

R&D and the Patent Premium

Arora, Ashish; Ceccagnoli, Marco; Cohen, Wesley M. - National Bureau of Economic Research (NBER) - 2003

.S. manufacturing sector, we estimate the increment to the value of an innovation realized by patenting it, and then analyze the effect …

Persistent link: https://www.econbiz.de/10005055430

Going Soft: How the Rise of Software Based Innovation Led to the Decline of Japan's IT Industry and the Resurgence of Silicon Valley

Arora, Ashish; Branstetter, Lee G.; Drev, Matej - National Bureau of Economic Research (NBER) - 2010

This paper documents a shift in the nature of innovation in the information technology (IT) industry. Using … comprehensive data on all IT patents granted by the USPTO from 1980-2002, we find strong evidence of a change in IT innovation that … is systematic, substantial, and increasingly dependent on software. This change in the nature of IT innovation has had …

Persistent link: https://www.econbiz.de/10008624577

The Organization of R&D in American Corporations: The Determinants and Consequences of Decentralization

Arora, Ashish; Belenzon, Sharon; Rios, Luis A. - National Bureau of Economic Research (NBER) - 2011

We study the relationship between decentralization of R&D, innovation and firm performance using a novel dataset on the …

Persistent link: https://www.econbiz.de/10009021944

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

Arora, Ashish; Belenzon, Sharon; Patacconi, Andrea - National Bureau of Economic Research (NBER) - 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/10011159880