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same, not oppo- site effect on wages at both skill levels; a rise in the foreign share in world innovation or US patents … decreases US wages; an increase in the US share in world innovation or US patents raises US wages, especially for the less … skilled; and the stock of world innovation and US patents decreases real wages especially for the less skilled. Turning to the …
Persistent link: https://www.econbiz.de/10005710318
This paper presents new evidence on research and teaching productivity in universities using a panel of 102 top U.S. schools during 1981-1999. Faculty employment grows at 0.6 percent per year, compared with growth of 4.9 percent in industrial researchers. Productivity growth per researcher is...
Persistent link: https://www.econbiz.de/10005710600
This paper describes flows of basic research through the U.S. economy and explores their implications for scientific output at the industry and field level. The time period is the late 20th century. This paper differs from others in its use of measures of science rather than technology. Together...
Persistent link: https://www.econbiz.de/10005088639
The viatical settlement industry provides an opportunity for terminally-ill consumers, typically HIV patients, to exploit a previously untapped source of equity in existing life insurance contracts to finance consumption and medical expenses. The 1996 introduction and dissemination of effecive...
Persistent link: https://www.econbiz.de/10005089036
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/10005050326
This paper explores recent trends in the size of scientific teams and in institutional collaborations. The data derive from 2.4 million scientific papers written in 110 leading U.S. research universities over the period 1981-1999. We measure team size by the number of authors on a scientific...
Persistent link: https://www.econbiz.de/10005050357
This article is a guide to the NBER-Rensselaer Scientific Papers Database, which includes more than 2.5 million scientific publications and over 21 million citations to those papers. The data cover an important sample of 110 top U.S. universities and 200 top U.S.-based R&D-performing firms...
Persistent link: https://www.econbiz.de/10005575301
In science as well as technology, the diffusion of new ideas influences innovation and productive efficiency. With this …
Persistent link: https://www.econbiz.de/10005722941
This paper provides a theoretical investigation of the tension over knowledge disclosure between firms and their scientific employees. While empirical research suggests that scientists exhibit a "taste for science," such open disclosures can limit a firm's competitive advantage or ability to...
Persistent link: https://www.econbiz.de/10010950648
incumbents and entrants in a cumulative innovation environment; that is, entrants may not be adequately compensated for losses in …
Persistent link: https://www.econbiz.de/10010950674