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Organizational Frictions and Increasing Returns to Automation : Lessons from AT&T in the Twentieth Century

Feigenbaum, James J.; Gross, Daniel P. - National Bureau of Economic Research - 2021

were obstacles: the manual switchboard was the fulcrum of a complex system which had developed around it, and automation … profitable for AT&T in larger markets--hence diffusion expanded as costs declined and service areas grew. We show that automation … supported AT&T's continued growth, generating a positive feedback loop between scale and automation that reinforced AT&T's high …

Persistent link: https://www.econbiz.de/10012794608

Distorted Innovation : Does the Market Get the Direction of Technology Right?

Acemoglu, Daron - National Bureau of Economic Research - 2023

automation, health care, and energy, and correcting these distortions could have sizable welfare benefits …

Persistent link: https://www.econbiz.de/10014226119

Do Patent Pools Encourage Innovation? Evidence from the 19th-Century Sewing Machine Industry

Lampe, Ryan L. - 2009

Members of a patent pool agree to use a set of patents as if they were jointly owned by all members and license them as a package to other firms. Regulators favor pools as a means to encourage innovation: Pools are expected to reduce litigation risks for their members and lower license fees and...

Persistent link: https://www.econbiz.de/10012463589

Defacto and Deeded Intellectual Property : Knowledge-Driven Co-Evolution of Firm Collaboration Boundaries and IPR Strategy

Zucker, Lynne G. - 2014

Research on intellectual property has focused on formal legally recorded rights that we call deeded, most often measured by granted patents. Meanwhile, other "defacto" IP (mainly purposive secrecy and natural excludability) has become more important because of the increasing closeness of...

Persistent link: https://www.econbiz.de/10012458417

Innovating Standards Through Informal Consortia : The Case of Wireless Telecommunications

Delcamp, Henry R. - 2012

We empirically examine the effects of industry consortia on the coordination of innovation strategies of the members. Our analyses utilize membership data from 32 consortia in wireless telecommunication technology subfields from 2000 to 2005 and prior art citations in standards-essential...

Persistent link: https://www.econbiz.de/10012460481

Patent Pools and the Direction of Innovation - Evidence from the 19th-century Sewing Machine Industry

Lampe, Ryan L. - 2011

Patent pools allow a group of firms to combine their patents as if they were a single firm. Theoretical models predict that pools encourage innovation in pool technologies, albeit at the cost of innovation in substitutes. Empirical evidence is scarce because modern pools are too recent to allow...

Persistent link: https://www.econbiz.de/10012461085

A Synthetic Model of Disruption and Experimentation

Gans, Joshua - National Bureau of Economic Research - 2021

This paper examines how a firm's choice of the type of experiment impacts on its potential exploitation of new technological opportunities. It does so in the context of the failure of successful firms (or disruption) where the literature has informally suggested that firms undertake errors in...

Persistent link: https://www.econbiz.de/10012599381

Patent Trolls : Evidence from Targeted Firms

Cohen, Lauren - 2014

We develop a theoretical model of, and provide the first large-sample evidence on, the behavior and impact of non-practicing entities (NPEs) in the intellectual property space. Our model shows that NPE litigation can reduce infringement and support small inventors. However, the model also shows...

Persistent link: https://www.econbiz.de/10012458295

To Starve or to Stoke? : Understanding Whether Divestment vs. Investment Can Steer (Green) Innovation

Pless, Jacquelyn - National Bureau of Economic Research - 2023

More than 1,500 organizations and investors representing over $40 trillion in assets have committed to fossil fuel divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a critical component of transitioning to a cleaner...

Persistent link: https://www.econbiz.de/10014226139