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linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10012455897
worked in technologies that were more central within the innovation network. We offer a new approach for measuring the … innovation network using patent data from Britain and France in the late-18th and early-19th century. We show that the network … innovation network, and the location of British inventors within it, explains an important share of the more rapid technological …
Persistent link: https://www.econbiz.de/10015056202
various dimensions of upgrading --- learning, quality upgrading, technology adoption, and product innovation. The second part …
Persistent link: https://www.econbiz.de/10012696370
Timely and accurate measurement of AI use by firms is both challenging and crucial for understanding the impacts of AI on the U.S. economy. We provide new, real-time estimates of current and expected future use of AI for business purposes based on the Business Trends and Outlook Survey for...
Persistent link: https://www.econbiz.de/10014528359
Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank … network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the …, initially reducing overall network concentration. The network became even more focused on Fed cities during the Depression, as …
Persistent link: https://www.econbiz.de/10012479982
Many economic activities are embedded in networks: sets of agents and the (often) rivalrous relationships connecting …, among many, of networked economic activities. Motivated by the premise that networks' structures are consequential, this …, summary network parameters (e.g., the degree distribution or transitivity index); and (iii) empirical models of strategic …
Persistent link: https://www.econbiz.de/10012480521
I build a simple dynamic model of the formation of an international social network of importers and exporters. Firms … can only export into markets in which they have a contact. They acquire new contacts both at random, and via their network …
Persistent link: https://www.econbiz.de/10012461905
This paper presents and structurally estimates a model of endogenous network formation and legislative activity of … of Congress as exogenously given and instead embed it in a model of endogenous network formation useful for developing …
Persistent link: https://www.econbiz.de/10012455924
We develop a theoretical model of security investments in a network of interconnected agents. Network connections … networks, is that because security investments create positive externalities on other agents, there will be underinvestment in … strategic substitutes. In a general (non-symmetric) network, this implies that underinvestment by some agents will encourage …
Persistent link: https://www.econbiz.de/10012459488
We develop a consistent and comprehensive theoretical framework for assessing whether economic growth is compatible with sustaining well-being over time. The framework focuses on whether a comprehensive measure of wealth - one that accounts for natural capital and human capital as well as...
Persistent link: https://www.econbiz.de/10012462059