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

.S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector … emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U …

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 …

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the … inventors are more prevalent in the first bulk of patents of a country in a given technology, as compared to patents filed at …

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …

distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the … government, in addition to taxes and transfers, controls the fraction of innovations that are granted patents. The model predicts …

We use small Italian regions (i.e. provinces) to investigate the causal effect of foreign immigration on innovation … immigrants did not have any effect on innovation. However, decomposing the overall effect into the contributions of low- and high …-skilled migrants shows that an increase of 1 percentage point in the share of low-skilled migrants on the population reduces patent …