Showing 1 - 10 of 242
framework that contains multiple innovation sizes, multiproduct firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10010553118
interaction of a national shock to the spread of innovation from universities - the Bayh-Dole Act of 1980 - with pre …-determined variation both within a university in academic strengths and across universities in federal research funding. Using longitudinal … university innovation increases with geographic proximity to the university. Counties surrounding universities that received more …
Persistent link: https://www.econbiz.de/10010553119
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010643262
the R&D-to-patenting innovation process and a close analysis of the strengths and limitations of the Industry R&D Survey …&D platform can be linked to the operating performances of each firm’s establishments, further facilitating innovation …
Persistent link: https://www.econbiz.de/10005058618
Why are some places more entrepreneurial than others? We use Census Bureau data to study local determinants of manufacturing startups across cities and industries. Demo- graphics have limited explanatory power. Overall levels of local customers and suppliers are only modestly important, but new...
Persistent link: https://www.econbiz.de/10005058696
In this study, we present novel statistics on the patenting in US manufacturing and new evidence on the question of what happens when firms patent. We do so by creating a comprehensive firm-patent matched dataset that links the NBER patent data (covering the universe of patents) to firm data...
Persistent link: https://www.econbiz.de/10005058869
Innovation has long been credited as a leading source of economic strength and vitality in the United States because it … innovative activities–activities including but not limited to innovation alone–could improve what we know about the sources of … and other worker and firm characteristics, and the entry and exit of businesses, that research shows affect productivity …
Persistent link: https://www.econbiz.de/10005058903
This paper uses new business micro data from the Business Research and Development and Innovation Survey (BRDIS) for … the years 2008-2011 to relate the discrete innovation choices made by U.S. companies to features of the company that have … long been considered to be important correlates of innovation. We use multinomial logit to model those choices. Bloch and …
Persistent link: https://www.econbiz.de/10011075612
We develop a new rationale for IPO waves based on product market considerations. Two firms, with differing productivity levels, compete in an industry with a significant probability of a positive productivity shock. Going public, though costly, not only allows a firm to raise external capital...
Persistent link: https://www.econbiz.de/10010859497
This paper examines the evolution of productivity in U.S. manufacturing plants from 1963 to 1992. We define a “vintage effect” as the change in productivity of recent cohorts of new plants relative to earlier cohorts of new plants, and a “survival effect” as the change in productivity of...
Persistent link: https://www.econbiz.de/10005014669