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Carlino, Gerald A.; Kerr, William R. - Federal Reserve Bank of Philadelphia - 2014

research on the connections between agglomeration and innovation. The authors first describe the conceptual distinctions … between invention and innovation. They then discuss how these factors are frequently measured in the data and note some …, industrial diversity) that theoretical and empirical work link to innovation, and they discuss factors that help sustain these …

Persistent link: https://www.econbiz.de/10010930297

The agglomeration of R&D labs

Carlino, Gerald A.; Carr, Jake K.; Hunt, Robert M.; … - Federal Reserve Bank of Philadelphia - 2011

This paper has been superseded by WP 15-03. The authors study the location and productivity of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. Using a variety of spatial econometric techniques, they find that these labs are substantially more...

Persistent link: https://www.econbiz.de/10009320689

Nonobviousness and the incentive to innovate: an economic analysis of intellectual property reform

Hunt, Robert M. - Federal Reserve Bank of Philadelphia - 1999

U.S. patent law protects only inventions that are nontrivial advances of the prior art. The legal requirement is called nonobviousness. During the 1980s, the courts relaxed the nonobviousness requirement for all inventions, and a new form of intellectual property, with a weaker nonobviousness...

Persistent link: https://www.econbiz.de/10005717365

The geography of research and development activity in the U.S.

Buzard, Kristy; Carlino, Gerald - Federal Reserve Bank of Philadelphia - 2009

This study details the location patterns of R&D labs in the U.S., but it differs from past studies in a number of ways. First, rather than looking at the geographic concentration of manufacturing firms (e.g., Ellison and Glaeser, 1997; Rosenthal and Strange, 2001; and Duranton and Overman, 2005), the...

Persistent link: https://www.econbiz.de/10004976677

The agglomeration of R&D labs

Carlino, Gerald A.; Carr, Jake; Hunt, Robert M.; Smith, … - Federal Reserve Bank of Philadelphia - 2010

This paper has been superseded by WP 15-03.<p>The authors document the spatial concentration of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. using point pattern methods. These methods allow systematic examination of clustering at different...</p>

Persistent link: https://www.econbiz.de/10008691017

The agglomeration of R&D labs

Carlino, Gerald A.; Hunt, Robert M.; Carr, Jake K.; … - Federal Reserve Bank of Philadelphia - 2012

This paper has been superseded by WP 15-03. We study the location of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. Using a variety of spatial econometric techniques, we find that these labs are substantially more concentrated in space than the...

Persistent link: https://www.econbiz.de/10011133766

Technology flows matrix estimation revisited

Scherer, F. M. - Federal Reserve Bank of Philadelphia - 2002

During the early 1980s I estimated a highly disaggregated matrix of technology flows from U.S. industries that performed research and development (R&D) to industries expected to use the R&D outcomes. The results, extended to analyze how technology flows affected productivity growth in the 1960s...

Persistent link: https://www.econbiz.de/10005389662

When do more patents reduce R&D?

Hunt, Robert M. - Federal Reserve Bank of Philadelphia - 2006

This paper develops a simple duopoly model in which investments in R&D and patents are inputs in the production of firm rents. Patents are necessary to appropriate the returns to the firm’s own R&D, but patents also create potential claims against the rents of rival firms. Analysis of the...

Persistent link: https://www.econbiz.de/10005389693

Economic erowth and monetary policy: Is there a new normal?

Plosser, Charles I. - Federal Reserve Bank of Philadelphia - 2014

The George Washington University and Princeton University's Griswold Center for Economic Policy Studies Philadelphia, PA President Charles Plosser gives his views on the debate about a new normal for economic growth in the U.S. economy. He will also discuss the question of future productivity...

Persistent link: https://www.econbiz.de/10010961573

Creativity and economic growth: theory, measures, and potentials for morocco

Nakamura, Leonard I. - Federal Reserve Bank of Philadelphia - 2015

The current era of globalization is dominated by the rise of investments in intangible capital rather than tangible capital — the ascendance of creativity over plant and equipment. This brief paper is motivated by the possibility that emerging market economies such as Morocco might take...

Persistent link: https://www.econbiz.de/10011269076