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This article addresses developments in the literature on The Rise of Market Power. First, it summarizes research about the result of De Loecker 2020 that the sales-weighted average markup has increased in the United States. Second, it summarizes and evaluates a set of industry studies that...
Persistent link: https://www.econbiz.de/10014576656
Previous research finds that the greater geographic mobility of foreign than native-born workers following economic shocks helps to facilitate local labor market adjustment to shifting regional economic conditions. We examine the role that immigration may have played in enabling U.S. commuting...
Persistent link: https://www.econbiz.de/10013537796
This paper surveys the major changes in patent policy and practice that have occurred in the last two decades in the U.S., and reviews the existing analyses by economists that attempt to measure the impacts these changes have had on the processes of technological change. It also reviews the...
Persistent link: https://www.econbiz.de/10012471503
scientific findings and the incorporation of those findings in clean energy patents has risen from about five to about eight …
Persistent link: https://www.econbiz.de/10012481080
Our results paint a complex picture of academic and industrial science. While we find significant industry-academia differences with respect to all four dimensions, we also observe remarkable similarities. For example, both academic institutions and private firms appear to allow their scientists...
Persistent link: https://www.econbiz.de/10012462543
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
-in-differences estimation to compare university to firm patents across two time periods, we find that the university diffusion premium (the …
Persistent link: https://www.econbiz.de/10012466021
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
protect the environment, counts of patents related to flue gas desulfurization units ('scrubbers') peaked before trading of … sulfur dioxide (SO2) permits began. This paper uses plant level data to study the effect of these patents on pollution … would lower the costs of operating scrubbers. There is little evidence that the new patents created before 1990 improved the …
Persistent link: https://www.econbiz.de/10012470123
star scientists and firms have a large positive impact on firms'" research productivity, increasing the average firm …'s biotech patents by 34 percent development by 27 percent, and products on the market by 8 percent as of 1989-1990. However … that the universities' local economic development impact is lessened. Stars'" scientific productivity is increased less …
Persistent link: https://www.econbiz.de/10012472457