Similar Search Results

Measuring the Commercial Potential of Science

Masclans, Roger; Hasan, Sharique; Cohen, Wesley M. - National Bureau of Economic Research - 2024

This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...

Persistent link: https://www.econbiz.de/10014512116

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

Patent Hunters

Cohen, Lauren; Gurun, Umit G.; Moon, S. Katie; Suh, Paula - National Bureau of Economic Research - 2024

Analyzing millions of patents granted by the USPTO between 1976 and 2020, we find a pattern where specific patents only rise to prominence after considerable time has passed. Amongst these late-blooming influential patents, we show that there are key players (patent hunters) who consistently...

Persistent link: https://www.econbiz.de/10015072906

Innovation and the Enforceability of Noncompete Agreements

Johnson, Matthew S.; Lipsitz, Michael; Pei, Alison - National Bureau of Economic Research - 2023

Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete … agreements (NCAs). We examine how the legal enforceability of NCAs affects innovation, as measured by patenting, using data on …

Persistent link: https://www.econbiz.de/10014322874

Political Sentiment and Innovation : Evidence from Patenters

Engelberg, Joseph; Lu, Runjing; Mullins, William; … - National Bureau of Economic Research - 2023

We document political sentiment effects on US inventors. Democratic inventors are more likely to patent (relative to Republicans) after the 2008 election of Obama but less likely after the 2016 election of Trump. These effects are 2-3 times as strong among politically active partisans and are...

Persistent link: https://www.econbiz.de/10014337851

Mega Firms and Recent Trends in the U.S. Innovation : Empirical Evidence from the U.S. Patent Data

Braginskij, Sergej V.; Choi, Joonkyu; Ding, Yuheng; Jo, … - National Bureau of Economic Research - 2023

We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the importance of mega firms in novel patents had been...

Persistent link: https://www.econbiz.de/10014322847

The U.S. Patent System in Transition : Policy Innovation and the Innovation Process

Jaffe, Adam B. - 1999

relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …

Persistent link: https://www.econbiz.de/10012471503

Technological Obsolescence

Ma, Song - National Bureau of Economic Research - 2021

, and reallocation of capital. This finding applies mainly for obsolescence of core innovation and embodied innovation, and … profits of obsolescent firms. The measure contains incremental information about firm innovation relative to measures focusing … on new innovation …

Persistent link: https://www.econbiz.de/10012696413

Measuring Technological Innovation over the Long Run

Kelly, Bryan - 2018

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/10012480917

Tracing the Linkages Between Scientific Research and Energy Innovations : A Comparison of Clean and Dirty Technologies

Perrons, Robert K. - 2020

development of new energy technologies (Popp, 2017). Energy innovation tends to consist of a series of partially overlapping …

Persistent link: https://www.econbiz.de/10012481080

1
2
3
4
5
6
7
8
9
10
Next
Last