Narrow search
Showing 1 - 10 of 476
Cover Image
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
Cover Image
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
Cover Image
Centralization and Organization Reproduction : Ethnic Innovation in R&D Centers and Satellite Locations
Kerr, William R. - National Bureau of Economic Research - 2023
We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...
Persistent link: https://www.econbiz.de/10014372481
Cover Image
The Government Patent Register : A New Resource for Measuring U.S. Government-Funded Patenting
Gross, Daniel P.; Sampat, Bhaven N. - National Bureau of Economic Research - 2024
We introduce new historical administrative data identifying U.S. government-funded patents since the early twentieth … century. In addition to the funding agency, the data report whether the government has title to the patent ("title" patents …) or funded a patent assigned to a private organization ("license" patents). The data include a large number of "license …
Persistent link: https://www.econbiz.de/10014486228
Cover Image
Evaluation and Learning in R&D Investment
Frankel, Alex; Krieger, Joshua L.; Li, Danielle; … - National Bureau of Economic Research - 2023
We examine the role of spillover learning in shaping the value of exploratory versus incremental R&D. Using data from drug development, we show that novel drug candidates generate more knowledge spillovers than incremental ones. Despite being less likely to reach regulatory approval, they are...
Persistent link: https://www.econbiz.de/10014287391
Cover Image
Of Academics and Creative Destruction : Startup Advantage in the Process of Innovation
Kolev, Julian; Haughey, Alexis; Murray, Fiona E. S.; … - National Bureau of Economic Research - 2022
generate predictions related to the value and impact of startup innovation. We then explore these predictions using patents …
Persistent link: https://www.econbiz.de/10013362016
Cover Image
Intellectual Property Protection Lost and Competition : An Examination Using Machine Learning
Acikalin, Utku U.; Caskurlu, Tolga; Hoberg, Gerard; … - National Bureau of Economic Research - 2022
employment agreements. We consider firms whose ability to protect intellectual property (IP) using patents is weakened following … the Alice Corp. vs. CLS Bank International Supreme Court decision. This decision has impacted patents in multiple areas …
Persistent link: https://www.econbiz.de/10013462719
Cover Image
Scope, Scale and Concentration : The 21st Century Firm
Hoberg, Gerard; Phillips, Gordon M. - National Bureau of Economic Research - 2022
We provide evidence that over the past 30 years, U.S. firms have expanded their scope of operations. Increases in scope and scale were achieved largely without increasing traditional operating segments. Scope expansion significantly increases valuation and is primarily realized through...
Persistent link: https://www.econbiz.de/10013462720
Cover Image
Gender and Underrepresented Minority Differences in Research Funding
Cruz Castro, Laura; Ginther, Donna K.; Sanz Menéndez, Luis - National Bureau of Economic Research - 2022
This chapter reviews the data and literature on gender, race and ethnicity differences in research funding in the United States and Europe. The gender gap in research funding has closed at the National Science Foundation and National Institutes of Health in the United States and substantially...
Persistent link: https://www.econbiz.de/10013334326
Cover Image
Research and/or Development? Financial Frictions and Innovation Investment
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
Abstract U.S. firms have reduced their investment in scientific research ("R") compared to product development ("D"), raising questions about the returns to each type of investment, and about the reasons for this shift. We use Census data that disaggregates "R" from "D" to study how US firms...
Persistent link: https://www.econbiz.de/10014337755