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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

Examining US productivity: Knowledge flows from industry and country sources

Koch, William - 2008

a measure of technology that isolates sources of innovation and their contributions to domestic TFP. Within …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …

Persistent link: https://www.econbiz.de/10010285349

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

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

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

Self-employment and wage earning: Hungary during transition

Co, Catherine Y.; Gang, Ira N.; Yun, Myeong-Su - 2002

We examine the earnings determinants of the self-employed and wage earners in Hungary in the mid-1990's, taking into account two forms of selection: selection into working or non-working for every individual in our sample and selection into self-employment or wage-earning jobs for workers only....

Persistent link: https://www.econbiz.de/10010318374

Potential switchovers in comparative advantage: Patterns of industrial convergence

Landesmann, Michael; Stehrer, Robert - 2000

Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...

Persistent link: https://www.econbiz.de/10010294574