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Killing the Golden Goose? The Decline of Science in Corporate R&D

Arora, Ashish - 2015

Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …

Persistent link: https://www.econbiz.de/10013029033

The U.S. Patent System in Transition : Policy Innovation and the Innovation Process

Jaffe, Adam B. - 2021

relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …

Persistent link: https://www.econbiz.de/10013226916

Learning When to Quit : An Empirical Model of Experimentation

Ganglmair, Bernhard - 2018

ones that are not. Economists know little about this process, however, because empirical studies of innovation typically … associated with faster learning. Finally, we simulate two counterfactual innovation policies: an R&D subsidy and a publication …

Persistent link: https://www.econbiz.de/10012926402

Tax Credits and Small Firm R&D Spending

Agrawal, Ajay K. - 2014

In 2004, Canada changed the eligibility rules for its Scientific Research and Experimental Development (SRED) tax credit, which provides tax incentives for R&D conducted by small private firms. Difference in difference estimates show a seventeen percent increase in total R&D among eligible...

Persistent link: https://www.econbiz.de/10013044985

Are Ideas Getting Harder to Find?

Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012948079

From Imitation to Innovation : Where is All that Chinese R&D Going?

König, Michael D.; Song, Zheng (Michael); … - 2022

We construct an endogenous growth model with random interactions where firms are subject to distortions. The TFP distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other firms. We use the model to quantify the effects of...

Persistent link: https://www.econbiz.de/10013309719

International R&D Spillovers : A Re-Examination

Lichtenberg, Frank R.; van Pottelsberghe de la … - 2021

Coe and Helpman(1995) have measured the extent to which technology spills over between industrialized countries through the particular channel of trade flows. This paper re-examines two particular features of their study. First, we suggest that their functional form of how foreign R&D affects...

Persistent link: https://www.econbiz.de/10013221859

How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World Fairs

Moser, Petra - 2013

of patent law on innovation. The data have been constructed from the catalogues of two 19th century world fairs: the …

Persistent link: https://www.econbiz.de/10012754628

Why Don't Inventors Patent?

Moser, Petra - 2015

's fairs between 1851 and 1915. Exhibition data show that the industry where an innovation is made is the single most important …

Persistent link: https://www.econbiz.de/10012750351

The Patent Troll : Benign Middleman or Stick-Up Artist?

Abrams, David - 2019

How do non-practicing entities ("Patent Trolls") impact innovation and technological progress? Although this question …", who exploit the patent system to extract rents and thereby hurt innovation. We employ unprecedented access to NPE … also find that downstream innovation drops in fields where patents have been acquired by NPEs. Finally, our numerical …

Persistent link: https://www.econbiz.de/10012889482