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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
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Invention Value, Inventive Capability and the Large Firm Advantage
Arora, Ashish; Cohen, Wesley M.; Lee, Honggi; … - National Bureau of Economic Research - 2022
Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...
Persistent link: https://www.econbiz.de/10013362008
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Intellectual Property Protection Lost and Competition : An Examination Using Machine Learning
Acikalin, Utku U.; Caskurlu, Tolga; Hoberg, Gerard; … - National Bureau of Economic Research - 2022
employment agreements. We consider firms whose ability to protect intellectual property (IP) using patents is weakened following … the Alice Corp. vs. CLS Bank International Supreme Court decision. This decision has impacted patents in multiple areas …
Persistent link: https://www.econbiz.de/10013462719
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Do Stronger IPR Incentivize Female Participation in Innovation? Evidence from Chinese AI Patents
Agrawal, Shubhangi; Rathi, Sawan; Chatterjee, Chirantan; … - National Bureau of Economic Research - 2024
this question using a unique database of artificial intelligence patents publicly shared by the USPTO. Our identification … significant rise in the number of female inventors and an increase in the number of patents with females on inventor teams vis … artificial intelligence patents with female inventors on the team improved. Results are robust controlling for unobserved …
Persistent link: https://www.econbiz.de/10014576575
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The Government Patent Register : A New Resource for Measuring U.S. Government-Funded Patenting
Gross, Daniel P.; Sampat, Bhaven N. - National Bureau of Economic Research - 2024
We introduce new historical administrative data identifying U.S. government-funded patents since the early twentieth … century. In addition to the funding agency, the data report whether the government has title to the patent ("title" patents …) or funded a patent assigned to a private organization ("license" patents). The data include a large number of "license …
Persistent link: https://www.econbiz.de/10014486228
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Mega Firms and Recent Trends in the U.S. Innovation : Empirical Evidence from the U.S. Patent Data
Braginskij, Sergej V.; Choi, Joonkyu; Ding, Yuheng; Jo, … - National Bureau of Economic Research - 2023
generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the … importance of mega firms in novel patents had been declining until about 2000, it has strongly rebounded since then. The timing …-ICT components. Mega firms also generate a disproportionately large number of "hits"--novel patents that lead to the largest numbers …
Persistent link: https://www.econbiz.de/10014322847
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The Effect of Inequality on Redistribution : An Econometric Analysis
Boskin, Michael J.; Elnahal, Kareem; Zhang, Adam - National Bureau of Economic Research - 2024
Using data on U.S. state and federal taxes and transfers over a quarter century, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post-transfer income distribution. We identify exogenous income...
Persistent link: https://www.econbiz.de/10014544770
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The Political Economy of Industrial Policy
Juhász, Réka; Lane, Nathan J. - National Bureau of Economic Research - 2024
We examine the ways in which political realities shape industrial policy through the lens of modern political economy. We consider two broad "governance constraints": i) the political forces that shape how industrial policy is chosen and ii) the ways in which state capacity affects...
Persistent link: https://www.econbiz.de/10014544785
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Regime Changes and FDI : A Tale of Two Countries – Poland and Israel
Razin, Asaf; Cieślik, Andrzej - National Bureau of Economic Research - 2024
This essay highlights the effects of radical transformations in the liberal characteristics of the regimes on foreign direct investors. To focus on the common patterns in the effects on foreign direct investment, of liberal vs. illiberal regime change, the essay spotlights the tale of two...
Persistent link: https://www.econbiz.de/10014576643
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Financial Crisis in a Socialist Setting : Impact on Political Behavior, Social Trust, and Economic Values
Abramitzky, Ran; Ben-Porath, Netanel; Lavy, Victor; … - National Bureau of Economic Research - 2023
Research on the political and social impacts of financial crises has focused chiefly on free market economies, hindering our understanding of their effects in other settings. We exploit an episode of a financial crisis that hit the Israeli kibbutzim to study its impact in a socialist context....
Persistent link: https://www.econbiz.de/10014226115