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The Rise of Absorptive Research in Corporate America : 1945-1980

Arora, Ashish; Belenzon, Sharon; Suh, Jungkyu; Zhang, Hansen - National Bureau of Economic Research - 2025

transformed the American innovation landscape, deepening the division of innovative labor between universities, startups, and …

Persistent link: https://www.econbiz.de/10015398165

If You Had One Shot : Scale and Herding in Innovation Experiments

Arora, Ashish; Hasan, Sharique; Miles, William D. - National Bureau of Economic Research - 2025

Solving complex problems- in medicine, engineering, and other technological domains- often requires exploring multiple approaches, particularly when significant uncertainty exists about which one will lead to success. Conventional wisdom assumes that having many experimenters independently...

Persistent link: https://www.econbiz.de/10015398134

Invention Value, Inventive Capability and the Large Firm Advantage

Arora, Ashish; Cohen, Wesley M.; Lee, Honggi; … - National Bureau of Economic Research - 2022

Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...

Persistent link: https://www.econbiz.de/10013362008

Going Soft: How the Rise of Software Based Innovation Led to the Decline of Japan's IT Industry and the Resurgence of Silicon Valley

Arora, Ashish; Branstetter, Lee G.; Drev, Matej - National Bureau of Economic Research (NBER) - 2010

This paper documents a shift in the nature of innovation in the information technology (IT) industry. Using … comprehensive data on all IT patents granted by the USPTO from 1980-2002, we find strong evidence of a change in IT innovation that … is systematic, substantial, and increasingly dependent on software. This change in the nature of IT innovation has had …

Persistent link: https://www.econbiz.de/10008624577

Implications for Energy Innovation from the chemical industry

Arora, Ashish; Gambardella, Alfonso - National Bureau of Economic Research (NBER) - 2010

The history of innovation in the chemical industry offers many insights for accelerating energy innovation. In this … chapter, we begin by laying out the early history of the chemical industry for an overview of the role innovation has played … coal to oil, and briefly analyze two government programs that have attempted to promote innovation: synthetic rubber and …

Persistent link: https://www.econbiz.de/10008631696

The Changing Structure of American Innovation : Some Cautionary Remarks for Economic Growth

Arora, Ashish - 2019

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/10012479842

First-mover Advantage and the Private Value of Public Science

Arora, Ashish; Belenzon, Sharon; Dionisi, Bernardo - National Bureau of Economic Research - 2021

Technical progress increasingly relies on the use of scientific knowledge. But if much of this knowledge is in the public domain, can it be a source of private value? We find that average private returns to using public science are small, especially in crowded technical fields, consistent with...

Persistent link: https://www.econbiz.de/10012496086

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

Arora, Ashish; Belenzon, Sharon; Patacconi, Andrea - National Bureau of Economic Research (NBER) - 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/10011159880

The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact

Arora, Ashish; Cohen, Wesley M.; Walsh, John P. - National Bureau of Economic Research (NBER) - 2014

, suppliers and technology specialists. We also estimate the contribution of each source to innovation in the US economy. Although … rate of innovation in the economy. Indeed, results from a multinomial logit model suggest that, were the outside … availability of innovation to be removed, the percentage of innovating firms in the U.S. manufacturing sector would drop from 18 …

Persistent link: https://www.econbiz.de/10010951285

R&D and the Patent Premium

Arora, Ashish; Ceccagnoli, Marco; Cohen, Wesley M. - National Bureau of Economic Research (NBER) - 2003

.S. manufacturing sector, we estimate the increment to the value of an innovation realized by patenting it, and then analyze the effect …

Persistent link: https://www.econbiz.de/10005055430