Showing 1 - 10 of 45
Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping generative AI advances. Central to our analysis are the concepts of appropriability--whether firms in the industry are able to control the knowledge generated by their innovations--and...
Persistent link: https://www.econbiz.de/10014544752
We estimate spillovers from public funding for health research in the context of the NIH's Fogarty International Center's AIDS International Training and Research Program, which aims to strengthen scientific capacity in AIDS endemic countries by providing African researchers with training...
Persistent link: https://www.econbiz.de/10014322762
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
Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation. Progress on this topic has been inhibited by difficulties in measuring distance and movement in knowledge space. We describe a methodology that infers the mapping of the...
Persistent link: https://www.econbiz.de/10013435165
-economic effects in terms of living standards, education, health, and gender equality, which appear to be unprecedented in depth and …
Persistent link: https://www.econbiz.de/10012660017
specifically, we analyze whether including the right to education in the constitution has been related to better "educational … estimation technique: we find that there is no evidence that including the right to education in the constitution has been … associated with higher test scores. The quality of education depends on socioeconomic, structural, and policy variables, such as …
Persistent link: https://www.econbiz.de/10012458193
surprisingly little is known about how to achieve these outcomes. In this paper, we estimate causal effects of additional education … combat climate change. Results show a year of education increases pro-climate beliefs, behaviors, most policy preferences …
Persistent link: https://www.econbiz.de/10014247920
Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...
Persistent link: https://www.econbiz.de/10012938701
. We find: (a) Absent government support, the failure rate of SMEs would have increased by 9 percentage points …
Persistent link: https://www.econbiz.de/10012629513
This paper examines how employee earnings at small firms respond to a cash flow shock in the form of a government R&D grant. We use ranking data on applicant firms, which we link to IRS W2 earnings and other U.S. Census Bureau datasets. In a regression discontinuity design, we find that the...
Persistent link: https://www.econbiz.de/10012479241