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Words in Patents : Research Inputs and the Value of Innovativeness in Invention

Packalen, Mikko - 2014

Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the invention process promotes technological progress....

Persistent link: https://www.econbiz.de/10013065176

Stagnation and Scientific Incentives

Bhattacharya, Jay - 2020

New ideas no longer fuel economic growth the way they once did. A popular explanation for stagnation is that good ideas are harder to find, rendering slowdown inevitable. We present a simple model of the lifecycle of scientific ideas that points to changes in scientist incentives as the cause of...

Persistent link: https://www.econbiz.de/10012841421

The Other Ex-Ante Moral Hazard in Health

Bhattacharya, Jay - 2008

an induced innovation externality. This alternative mechanism, by contrast, causes people to devote an inefficiently high … level of self-protection. As an empirical example of this externality, we analyze the innovation induced by the obesity … epidemic. Obesity is associated with an increase in the incidence of many diseases. The induced innovation hypothesis is that …

Persistent link: https://www.econbiz.de/10012772375

Inventing Prizes : A Historical Perspective on Innovation Awards and Technology Policy

Khan, B. Zorina - 2015

findings in part explain why innovation prizes lost favour as a technology policy instrument in both the United States and …

Persistent link: https://www.econbiz.de/10013019101

Of Time and Space : Technological Spillovers Among Patents and Unpatented Innovations During Early U.S. Industrialization

Khan, B. Zorina - 2014

The paper explores the role of institutional mechanisms in generating technological knowledge spillovers. The estimation is over panel datasets of patent grants, and unpatented innovations that were submitted for prizes at the annual industrial fairs of the American Institute of New York, during...

Persistent link: https://www.econbiz.de/10013040530

Inventing in the Shadow of the Patent System : Evidence from 19th-Century Patents and Prizes for Technological Innovations

Khan, B. Zorina - 2014

. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial …

Persistent link: https://www.econbiz.de/10013040534

Institutions and Technological Innovation During the Early Economic Growth : Evidence from the Great Inventors of the United States, 1790-1930

Khan, B. Zorina; Sokoloff, Kenneth L. - 2021

Employing a sample of renowned U.S. inventors that combines biographical detail with information on the patents they received over their careers, we highlight the impact of early U.S. patent institutions in providing broad access to economic opportunity and in encouraging trade in new...

Persistent link: https://www.econbiz.de/10013222992

Technological Innovations and Endogenous Changes in U.S. Legal Institutions, 1790-1920

Khan, B. Zorina - 2021

Recent scholarship highlights the importance of institutions to the processes of economic growth, but the precise nature of their relationship bears further examination. This paper considers how the evolution of legal institutions has contributed to, and in turn been affected by, major...

Persistent link: https://www.econbiz.de/10013234071

'Schemes of Practical Utility' : Entrepreneurship and Innovation Among 'Great Inventors' in the United States, 1790-1865

Khan, B. Zorina; Sokoloff, Kenneth L. - 2021

The growth in inventive activity during early American industrialization is explored by examining the careers of 160 inventors credited with important technological discoveries. Analysis of biographical information and complete patent histories through 1865 indicates that these 'great inventors'...

Persistent link: https://www.econbiz.de/10013247299

Is Medicine an Ivory Tower? Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation

Bhattacharya, Jay - 2015

opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the … demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis … pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size …

Persistent link: https://www.econbiz.de/10012750249