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Ethnic Innovation and U.S. Multinational Firm Activity
Foley, C. Fritz - 2011
indicate that increases in the share of a firm's innovation performed by inventors of a particular ethnicity are associated …
Persistent link: https://www.econbiz.de/10012461322
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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
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What Purpose Do Corporations Purport? Evidence from Letters to Shareholders
Rajan, Raghuram Govind; Ramella, Pietro; Zingales, Luigi - National Bureau of Economic Research - 2023
Using natural language processing, we identify corporate goals stated in the shareholder letters of the 150 largest companies in the United States from 1955 to 2020. Corporate goals have proliferated, from less than one on average in 1955 to more than 7 in 2020. While in 1955, profit...
Persistent link: https://www.econbiz.de/10014247976
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Selfish Corporations
Colonnelli, Emanuele; Gormsen, Niels; McQuade, Timothy - National Bureau of Economic Research - 2022
Motivated by the public debate regarding corporate responsibility, we construct a memory-based model of decision-making to illustrate how corporate and political communication can impact policy preferences. We test the predictions of our model in a new large-scale survey of U.S. citizens on...
Persistent link: https://www.econbiz.de/10013435138
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How Do Investors Value ESG?
Baker, Malcolm; Egan, Mark L.; Sarkar, Suproteem K. - National Bureau of Economic Research - 2022
Environmental, social, and governance (ESG) objectives have risen to near the top of the agenda for corporate executives and boards, driven in large part by their perceptions of shareholder interest. We quantify the value that shareholders place on ESG using a revealed preference approach, where...
Persistent link: https://www.econbiz.de/10013477200
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Caught In The Middle : The Bias Against Startup Innovation With Technical And Commercial Challenges
Arora, Ashish; Fosfuri, Andrea; Rønde, Thomas - National Bureau of Economic Research - 2022
-based innovation system. We develop an analytical model where startups are more efficient at solving technical challenges and …
Persistent link: https://www.econbiz.de/10012814429
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US Faculty Patenting : Inside and Outside the University
Thursby, Jerry - 2007
This paper examines the empirical anomaly that in a sample of 5811 patents on which US faculty are listed as inventors, 26% of the patents are assigned solely to firms rather than to the faculty member's university as is dictated by US university employment policies or the Bayh Dole Act. In this...
Persistent link: https://www.econbiz.de/10012465396
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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
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Firm Investments in Artificial Intelligence Technologies and Changes in Workforce Composition
Babina, Tania; Fedyk, Anastassia; He, Alex Xi; Hodson, James - National Bureau of Economic Research - 2023
We study the shifts in U.S. firms' workforce composition and organization associated with the use of AI technologies. To do so, we leverage a unique combination of worker resume and job postings datasets to measure firm-level AI investments and workforce composition variables, such as...
Persistent link: https://www.econbiz.de/10014322713
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Innovation-Driven Entrepreneurship
Botelho, Tristan L.; Fehder, Daniel; Hochberg, Yael V. - National Bureau of Economic Research - 2021
, ranging from self-employment to small and medium size enterprises to technology- and innovation-driven startups, recent … of new firm entry, but rather by a small subset of high-growth startups that are primarily categorized as innovation …-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …
Persistent link: https://www.econbiz.de/10012599280