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Leaders and Followers: Perspectives on the Nordic Model and the Economics of Innovation
Stiglitz, Joseph E. - National Bureau of Economic Research (NBER) - 2014
innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10010950953
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Private Equity and the Innovation Strategies of Entrepreneurial Firms: Empirical Evidence from the Small Business Innovation Research Program
Link, Albert N.; Ruhm, Christopher; Siegel, Donald S. - National Bureau of Economic Research (NBER) - 2012
There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …
Persistent link: https://www.econbiz.de/10010951404
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Labor Regulations and European Private Equity
Bozkaya, Ant; Kerr, William R. - National Bureau of Economic Research (NBER) - 2009
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....
Persistent link: https://www.econbiz.de/10008624615
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Clusters of Entrepreneurship and Innovation
Glaeser, Edward Ludwig; Chatterji, Aaron; Kerr, William R. - National Bureau of Economic Research (NBER) - 2013
This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …
Persistent link: https://www.econbiz.de/10010969371
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US Faculty Patenting: Inside and Outside the University
Thursby, Jerry; Fuller, Anne; Thursby, Marie - National Bureau of Economic Research (NBER) - 2007
This paper examines the empirical anomaly that in a sample of 5811 patents on which US faculty are listed as inventors, 26% of the patents are assigned solely to firms rather than to the faculty member's university as is dictated by US university employment policies or the Bayh Dole Act. In this...
Persistent link: https://www.econbiz.de/10005049865
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Have Newer Cardiovascular Drugs Reduced Hospitalization? Evidence From Longitudinal Country-Level Data on 20 OECD Countries, 1995-2003
Lichtenberg, Frank - National Bureau of Economic Research (NBER) - 2008
This study examines the effect of changes in the vintage distribution of cardiovascular system drugs on hospitalization and mortality due to cardiovascular disease using longitudinal country-level data. The vintage of a drug is the first year in which it was marketed anywhere in the world. We...
Persistent link: https://www.econbiz.de/10005089261
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Patents and the Global Diffusion of New Drugs
Cockburn, Iain M.; Lanjouw, Jean O.; Schankerman, Mark - National Bureau of Economic Research (NBER) - 2014
This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries, using newly constructed data on launches of 642 new drugs in 76 countries for the period 1983-2002, and information on the duration and content of patent and price control...
Persistent link: https://www.econbiz.de/10010950846
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The Learning Process and Technological Change in Wind Power: Evidence from China's CDM Wind Projects
Tang, Tian; Popp, David - National Bureau of Economic Research (NBER) - 2014
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010950861
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Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules
Graff Zivin, Joshua; Azoulay, Pierre; Li, Danielle; … - National Bureau of Economic Research (NBER) - 2015
We quantify the impact of scientific grant funding at the National Institutes of Health (NIH) on patenting by pharmaceutical and biotechnology firms. Our paper makes two contributions. First, we use newly constructed bibliometric data to develop a method for flexibly linking specific grant...
Persistent link: https://www.econbiz.de/10011254922
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They Don't Invent Them Like They Used To: An Examination of Energy Patent Citations Over Time
Popp, David - National Bureau of Economic Research (NBER) - 2005
This paper uses patent citation data to study flows of knowledge across time and across institutions in the field of energy research. Popp (2002) finds the level of energy-saving R&D depends not only on energy prices, but also on the quality of the accumulated knowledge available to inventors....
Persistent link: https://www.econbiz.de/10005079172