Narrow search
Showing 1 - 10 of 30
Cover Image
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
Cover Image
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
Cover Image
(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
Cover Image
The Changing Structure of American Innovation : Some Cautionary Remarks for Economic Growth
Arora, Ashish - 2019
major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a …
Persistent link: https://www.econbiz.de/10012479842
Cover Image
Evaluation and Learning in R&D Investment
Frankel, Alex; Krieger, Joshua L.; Li, Danielle; … - National Bureau of Economic Research - 2023
We examine the role of spillover learning in shaping the value of exploratory versus incremental R&D. Using data from drug development, we show that novel drug candidates generate more knowledge spillovers than incremental ones. Despite being less likely to reach regulatory approval, they are...
Persistent link: https://www.econbiz.de/10014287391
Cover Image
How Does Data Access Shape Science? Evidence from the Impact of U.S. Census's Research Data Centers on Economics Research
Nagaraj, Abhishek; Tranchero, Matteo - National Bureau of Economic Research - 2023
This study examines the impact of access to confidential administrative data on the rate, direction, and policy relevance of economics research. To study this question, we exploit the progressive geographic expansion of the U.S. Census Bureau's Federal Statistical Research Data Centers (FSRDCs)....
Persistent link: https://www.econbiz.de/10014322760
Cover Image
A Penny for Your Thoughts
Hanlon, W. Walker; Heblich, Stephan; Monte, Ferdinando; … - National Bureau of Economic Research - 2022
How do communication costs affect the production of new ideas and inventions? To answer this question, we study the introduction of the Uniform Penny Post in Great Britain in 1840. This reform replaced the previous system of expensive distance-based postage fees with a uniform low rate of one...
Persistent link: https://www.econbiz.de/10013210104
Cover Image
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
Cover Image
Spillovers, Linkages, and Productivity Growth in the US Economy, 1958 to 2007
Wolff, Edward N. - 2011
I speculate that technological spillover effects may have become more important over time as IT penetrated the U.S. economy. The rationale is that IT may speed up the process of knowledge transfer and make these knowledge spillovers more effective. Using US input-output tables for years 1958,...
Persistent link: https://www.econbiz.de/10012461794
Cover Image
Global Innovation and Knowledge Diffusion
Lind, Nelson; Ramondo, Natalia - National Bureau of Economic Research - 2022
, the forces of innovation and diffusion combine to shape trade substitution patterns. Innovation makes a country … technological similarity and increases head-to-head competition. In the special case of an innovation-only model where countries do … observable trade flows and the dynamics of innovation and knowledge diffusion …
Persistent link: https://www.econbiz.de/10012814404