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Tracking Firm Use of AI in Real Time : A Snapshot from the Business Trends and Outlook Survey
Bonney, Kathryn; Breaux, Cory; Buffington, Cathy; … - National Bureau of Economic Research - 2024
Timely and accurate measurement of AI use by firms is both challenging and crucial for understanding the impacts of AI on the U.S. economy. We provide new, real-time estimates of current and expected future use of AI for business purposes based on the Business Trends and Outlook Survey for...
Persistent link: https://www.econbiz.de/10014528359
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Mapping the Knowledge Space : Exploiting Unassisted Machine Learning Tools
Teodoridis, Florenta; Lu, Jino; Furman, Jeffrey L. - National Bureau of Economic Research - 2022
Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …
Persistent link: https://www.econbiz.de/10013435165
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The Regulation of Medical AI : Policy Approaches, Data, and Innovation Incentives
Stern, Ariel Dora - National Bureau of Economic Research - 2022
, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in …
Persistent link: https://www.econbiz.de/10013477189
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Research and/or Development? Financial Frictions and Innovation Investment
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …
Persistent link: https://www.econbiz.de/10014337755
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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
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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
What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … ventures in the innovation process relative to more traditional alternatives such as academia and established private … 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
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Can Operation Warp Speed Serve as a Model for Accelerating Innovations Beyond COVID Vaccines?
D'Souza, Arielle - 2024
Operation Warp Speed (OWS) was a U.S. government-led program to accelerate the development, production, and administration of COVID-19 vaccines. The program cut the typical ten-year timeline needed to develop a new vaccine down to ten months and began vaccinating vulnerable populations within a...
Persistent link: https://www.econbiz.de/10015056157
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Product Repositioning by Merging Firms
Atalay, Enghin; Sorensen, Alan T.; Sullivan, Christopher J. - National Bureau of Economic Research - 2023
We examine merging firms' additions and removals of products for a sample of 66 mergers across a wide variety of consumer packaged goods markets. We find that mergers lead to a net reduction in the number of products offered by merging firms. Merging firms tend to both drop and add products at...
Persistent link: https://www.econbiz.de/10014287330
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Internal Disagreement and Disruptive Technologies
Gans, Joshua - National Bureau of Economic Research - 2022
This paper models the adoption by established firms of technologies that are internally disruptive in that different parts of an organization stand to lose or gain from adoption. When agents disagree with a decision they impose costs on the firm. The paper shows that any resistance to change...
Persistent link: https://www.econbiz.de/10013210120
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Production Function Estimation Using Subjective Expectations Data
Norris Keiller, Agnes; Paula, Áureo de; Van Reenen, John - National Bureau of Economic Research - 2024
Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices. We introduce a new method that exploits (increasingly available) data on a firm's expectations of its future output and inputs that allows us to obtain consistent...
Persistent link: https://www.econbiz.de/10014635688