invention, using data on U.S. patents’ Finnish inventors and the distance to the nearest technical university as an instrument … patents by Finnish inventors. …Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question …

detailed data on inventors contained in patents, and harness it for economic research. Patent data has long been used in … “John Smith” problem). Given that there are over 2 million patents with 2 inventors per patent on average, the “who is who … empirical research in economics, and yet the information on the identity (i.e. the names and location) of the patents’ inventors …

inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their … earnings for a patent grant and for highly-cited patents a longer-lasting premium of 30% in earnings three years later. Similar … medium-term premia accrue to inventors who initially hold the patent rights, although they forego earnings at the time of the …

Patent holders may choose to protect innovations with single patents or to develop portfolios of multiple, related … inventions. We propose a simple decision-making model in which patent-holders may allocate resources to either expanding the … number of related patents or investing in higher value of patents in the portfolio. We estimate the derived value equation …

This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar …" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European … Patent Offices to track inventors' locations over time and combine it with international effective top tax rate data. We …

Based on a survey of the inventors of 9,017 European patented inventions, this paper provides new information about the … characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the … motivations to invent, and the actual use and economic value of the patents. …

measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment … impact on patent count at industry level, and this impact is larger than that of R&D expenditures. We confirm that this … and material. Therefore, our finding suggests that, at industry level, VC investment increases the patent propensity but …

We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is … allocated to high-quality invention projects. Using data on patents granted to small firms and individuals, we find evidence …

sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …

registered at least one patent in the United States during the period 1969–88, while the second consists of 1,624 firms who … produced at least one major innovation at any time in the United Kingdom from 1945–82. Both datasets yield the same conclusion …