distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …

emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U ….S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure … sectoral patenting trends, we find that U.S. patent production declines in sectors facing greater import competition. This …

This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …

We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance … based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights …. First, average patent importance declined from 2000-2010 but has increased more recently. Second, private Chinese firms …

increasing team size that we call the "racing against time" hypothesis: With innovation races more competitive globally, R … more R&D personnel. We test this hypothesis against a natural experiment that took place in 1995 when the U.S. patent law …

positive and significant impact of AI patent families on employment, supporting the labour-friendly nature of product … innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger …

We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the …