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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
We propose a new measure of the economic importance of each innovation. Our measure uses newly collected data on … our measure suggests that technological innovation accounts for significant medium-run fluctuations in aggregate economic …
Persistent link: https://www.econbiz.de/10013066798
During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But …
Persistent link: https://www.econbiz.de/10013068131
major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a …
Persistent link: https://www.econbiz.de/10012869221
We introduce a tractable model of endogenous growth in which the returns to innovation are determined by the technology …
Persistent link: https://www.econbiz.de/10012760401
. 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
and innovation measurement, but these other benefits do, and motivate quality adjustment methods when semiconductor …
Persistent link: https://www.econbiz.de/10012920368
innovation. We identify significant patents based on textual similarity of a given patent to previous and subsequent work: these … aggregate, sectoral, and firm level. Our technology indices span two centuries (1840-2010) and cover innovation by private and …
Persistent link: https://www.econbiz.de/10012907760
This paper uses sales and patent distribution data to establish the market and technological "positions" of firms. A notion of technological proximity of firms is developed in order to quantify potential R&D spillovers. The importance of the position variables and the potential spilover pool in...
Persistent link: https://www.econbiz.de/10013225580
relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
Persistent link: https://www.econbiz.de/10013226916