abandonment of economic theory in applied work in the “experimentalist paradigm.” We document the changes implied by the changing …-55, 1974-75 and 2007-08. We also show that, despite the partial abandonment of theory by applied microeconomists, the labor …

knowledge is an input into internal invention, and thus, more valuable to firms with inventive capability. Using a simple model …

) model, this suggests that there are knowledge spillovers from the network. In some other nations, invention quality is less …

evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for … invention, their adoption as research inputs in the invention process promotes technological progress. The gains from pursuing … determine idea inputs in invention based on the text of nearly every US patent granted during 1836–2010. We find that inventions …

This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start … a start-up, or the inventor's effort cost in development is lower in a start-up. We test the theory using data from the … with the predictions of our theory …