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The Circulation of Ideas in Firms and Markets

Hellmann, Thomas F. - 2011

Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...

Persistent link: https://www.econbiz.de/10012461715

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

Arora, Ashish - 2014

innovation in the US economy. Although customers are the most frequent outside source, inventions acquired from technology … sources of invention make a significant contribution to the overall rate of innovation in the economy. Innovation policies …

Persistent link: https://www.econbiz.de/10012458402

Dancing with the Stars : Innovation Through Interactions

Akcigit, Ufuk - 2018

An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …

Persistent link: https://www.econbiz.de/10012453248

Grilichesian Breakthroughs : Inventions of Methods of Inventing and Firm Entry in Nanotechnology

Darby, Michael R. - 2003

Metamorphic progress (productivity growth much faster than average) is often driven by Grilichesian inventions of methods of inventing. For hybrid seed corn, the enabling invention was double-cross hybridization yielding highly productive seed corn that was not self-propagating. Biotechnology...

Persistent link: https://www.econbiz.de/10012468873

The Effect of Public Science on Corporate R&D

Arora, Ashish; Belenzon, Sharon; Cioaca, Larisa C.; … - National Bureau of Economic Research - 2023

innovation in firms. However, inventions from universities and public research institutes substitute for corporate inventions and …

Persistent link: https://www.econbiz.de/10014437030

Inventive Capabilities in the Division of Innovative Labor

Arora, Ashish - 2018

of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use …

Persistent link: https://www.econbiz.de/10012480704

New Ideas in Invention

Packalen, Mikko - 2015

A key decision in research is whether to try out new ideas or build on more established ideas. In this paper, we evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for invention, their adoption as research inputs in the...

Persistent link: https://www.econbiz.de/10012457744

Cities and Ideas

Packalen, Mikko - 2015

Faster technological progress has long been considered a key potential benefit of agglomeration. Physical proximity to others may help inventors adopt new ideas in their work by increasing awareness about which new ideas exist and by enhancing understanding of the properties and usefulness of...

Persistent link: https://www.econbiz.de/10012457745

Crossover Inventions And Knowledge Diffusion Of General Purpose Technologies? Evidence From The Electrical Technology

Lo, Shih-tse - 2008

Scholars have long noted the significant impact of general purpose technologies (GPTs) on the economy. However, limited attention has been paid to exploring how they are employed to generate inventions in downstream sectors (crossover inventions), and what factors may facilitate such diffusion....

Persistent link: https://www.econbiz.de/10012464604

Birds of a Feather - Better Together? Exploring the Optimal Spatial Distribution of Ethnic Inventors

Agrawal, Ajay - 2007

We examine how the spatial and social proximity of inventors affects knowledge flows, focusing especially on how the two forms of proximity interact. We develop a knowledge flow production function (KFPF) as a flexible tool for modeling access to knowledge and show that the optimal spatial...

Persistent link: https://www.econbiz.de/10012465834