Federal research funding to universities is often based on a desire to stimulate innovation - so that they spend … innovation and productivity growth. In this paper we use new data to examine how the main organizational structure used to train … measured by patents …

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 …

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 … sectoral patenting trends, we find that U.S. patent production declines in sectors facing greater import competition. This …Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector …

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 …

China's IKC generates patents in China, but fewer than in major industrialized economies. Among domestically owned …

patent application. The analysis is based on patent data from the Norwegian Industrial Property Office merged with data from … for confounding factors. The first patent application by a young firm is associated with significant growth in employment … three years ahead of the first patent application. However, we find no evidence of additional firm growth after patent …

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 …

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 …