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Collaboration, Stars, and the Changing Organization of Science : Evidence from Evolutionary Biology

Agrawal, Ajay - 2013

We report a puzzling pair of facts concerning the organization of science. The concentration of research output is declining at the department level but increasing at the individual level. For example, in evolutionary biology, over the period 1980 to 2000, the fraction of citation-weighted...

Persistent link: https://www.econbiz.de/10012459010

Mapping the Knowledge Space : Exploiting Unassisted Machine Learning Tools

Teodoridis, Florenta; Lu, Jino; Furman, Jeffrey L. - National Bureau of Economic Research - 2022

Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …

Persistent link: https://www.econbiz.de/10013435165

Of Mice and Academics : Examining the Effect of Openness on Innovation

Murray, Fiona - 2009

Scientific freedom and openness are hallmarks of academia: relative to their counterparts in industry, academics maintain discretion over their research agenda and allow others to build on their discoveries. This paper examines the relationship between openness and freedom, building on recent...

Persistent link: https://www.econbiz.de/10012463828

Industrial Policies and Innovation : Evidence from the Global Automobile Industry

Barwick, Panle Jia; Kwon, Hyuk-Soo; Li, Shanjun; Wang, … - National Bureau of Economic Research - 2024

This paper examines the impact of industrial policies (IPs) on innovation in the global automobile industry. We compile … (GV) technologies to EV innovations. Our analysis finds a positive relationship between policy support and innovation … industry but find no evidence that EV-targeted IPs stimulate innovation in GV technologies …

Persistent link: https://www.econbiz.de/10015145089

(Co-)Working in Close Proximity : Knowledge Spillovers and Social Interactions

Roche, Maria P.; Oettl, Alexander; Catalini, Christian - National Bureau of Economic Research - 2022

We examine the influence of physical proximity on between-startup knowledge spillovers at one of the largest technology co-working hubs in the United States. Relying on the random assignment of office space to the hub's 251 startups, we find that proximity positively influences knowledge...

Persistent link: https://www.econbiz.de/10013334339

Personal Bankruptcy Law and Innovation around the World

Cumming, Douglas J.; Morck, Randall; Rong, Zhao; Zhang, … - National Bureau of Economic Research - 2024

reforms also redistribute innovation across industries in closer alignment to its distribution in the U.S., which we take to … increasing value-added growth rates across all industries, and by larger margins in industries with more innovation potential …

Persistent link: https://www.econbiz.de/10015056150

Measuring the Commercial Potential of Science

Masclans, Roger; Hasan, Sharique; Cohen, Wesley M. - National Bureau of Economic Research - 2024

This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...

Persistent link: https://www.econbiz.de/10014512116

A Model of R&D Valuation and the Design of Research Incentives

Hsu, Jason C. - 2003

We develop a real options model of R&D valuation, which takes into account the uncertainty in the quality of the research output, the time and cost to completion, and the market demand for the R&D output. The model is then applied to study the problem of pharmaceutical under-investment in R&D...

Persistent link: https://www.econbiz.de/10012468653

Procuring Knowledge

Maurer, Stephen M. - 2003

There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...

Persistent link: https://www.econbiz.de/10012468794

ENTICE : Endogenous Technological Change in the DICE Model of Global Warming

Popp, David - 2003

Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …

Persistent link: https://www.econbiz.de/10012468936