Showing 1 - 10 of 61
Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on invention, using data on U.S. patents’ Finnish...
Persistent link: https://www.econbiz.de/10009275968
A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are...
Persistent link: https://www.econbiz.de/10008530342
Using a data set of highly cited researchers in all fields of science, we show that the gap in scientific performance between Europe, especially continental Europe, and the USA is large. We model the number of highly cited researchers in a sample of countries as a function of physical and human...
Persistent link: https://www.econbiz.de/10005124468
‘generality’, self-citations, etc. Many of these measures exhibit interesting differences across the six main technological … — about 3 million patents and 16 million citations — is now available on the NBER website. We discuss key issues that arise in … the use of patent citations data, and suggest ways of addressing them. In particular, significant changes over time in the …
Persistent link: https://www.econbiz.de/10005136726
received more than 500 citations. We document major shifts in the mode of contribution and in the importance of different sub …
Persistent link: https://www.econbiz.de/10005791355
We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is...
Persistent link: https://www.econbiz.de/10005123684
Since the mid-1980s a substantial body of research has taken shape on trade in services. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on...
Persistent link: https://www.econbiz.de/10008502579
China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper analyses China’s institution - a regionally...
Persistent link: https://www.econbiz.de/10008468688
This paper investigates how telecommunications infrastructure affects economic growth. This issue is important and has received considerable attention in the popular press concerning the creation of the 'information superhighway' and its potential impacts on the economy. We use evidence from 21...
Persistent link: https://www.econbiz.de/10005123589
Drawing on the recent literature on economic institutions and the origins of economic development, we offer a political economy explanation of why institution building has varied so much across transition economies. We identify dependence on natural resources and the historical experience of...
Persistent link: https://www.econbiz.de/10005123823