Showing 1 - 10 of 1,152
Concern exists that public funding of science is increasingly risk averse. Funders have addressed this concern by soliciting the submission of high-risk research to either regular or specially designed programs. Little evidence, however, has been gathered to examine the extent to which such...
Persistent link: https://www.econbiz.de/10013361975
This paper studies how investing in venture capital (VC) affects the entrepreneurial outcomes of individual limited partners (LPs). Using comprehensive administrative data on entrepreneurial activities and VC fundraising and investments in China, we first document that individual LPs, on...
Persistent link: https://www.econbiz.de/10014437028
This chapter reviews the data and literature on gender, race and ethnicity differences in research funding in the … United States and Europe. The gender gap in research funding has closed at the National Science Foundation and National … definitive conclusions in the face of contradictory evidence on the gender funding gap. We conclude that access to high …
Persistent link: https://www.econbiz.de/10013334326
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
How should the government respond to automation? We study this question in a heterogeneous agent model that takes worker displacement seriously. We recognize that displaced workers face two frictions in practice: reallocation is slow and borrowing is limited. We first show that these frictions...
Persistent link: https://www.econbiz.de/10013334373
We study migration in the right tail of the talent distribution using a novel dataset of Indian high school students taking the Joint Entrance Exam (JEE), a college entrance exam used for admission to the prestigious Indian Institutes of Technology (IIT). We find a high incidence of migration...
Persistent link: https://www.econbiz.de/10014322696
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
With an overall lack of gender and ethnic diversity in the innovation sector documented in Gompers and Wang (2017), we … answer this question using a unique dataset of the gender of venture capital partners' children. First, we find strong …. Second, using an instrumental variable set-up, we also show that improved gender diversity, induced by parenting more …
Persistent link: https://www.econbiz.de/10012455227
differ only in their gender. Jobs recommended uniquely to the male and female profiles in a pair differ modestly in their … more stereotypically female content than men's. Using our experimental design, we can conclude that these gender gaps are … generated primarily by content-based matching algorithms that use the worker's declared gender as a direct input. Action …
Persistent link: https://www.econbiz.de/10015056215
In recent decades, Chinese researchers have become preeminent contributors to the scientific enterprise, as reflected by the number of publications originating from Chinese research institutions. China's rise in science has the potential to push forward the global frontier, but mere production...
Persistent link: https://www.econbiz.de/10013477264