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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

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

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

Bankrupt Innovative Firms

Ma, Song; Tong, Joy Tianjiao; Wang, Wei - National Bureau of Economic Research - 2021

This paper studies how innovative firms manage their innovation portfolios after filing for Chapter 11 reorganization …

Persistent link: https://www.econbiz.de/10012533405

The Impact of University Patent Ownership on Innovation and Commercialization

Wang, Jun; Qian, Yi - National Bureau of Economic Research - 2023

This paper contributes to the literature on innovation policies and institutional theory on conditions for effective … yield broader implications for organization and innovation …

Persistent link: https://www.econbiz.de/10014247942

Castaldi, Carolina; Drivas, Kyriakos - 2023

Persistent link: https://www.econbiz.de/10014232499

Boosting, sorting, and complexity : urban scaling of innovation around the world

Brökel, Tom; Knüpling, Louis; Mewes, Lars - 2023

Persistent link: https://www.econbiz.de/10014232519

Varieties of regional innovation systems around the world and catch-up by latecomers

Kim, Jinhee; Lee, Keun - 2022

Persistent link: https://www.econbiz.de/10013389178

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

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