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The Impact of University Patent Ownership on Innovation and Commercialization
Wang, Jun; Qian, Yi - National Bureau of Economic Research - 2023
are important explorations made by China in recent years to promote innovations and the commercialization of patents in …-patent ownership allocation models on innovations and the commercialization of patents. We find that the institutional environment …
Persistent link: https://www.econbiz.de/10014247942
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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
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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
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Do Stronger IPR Incentivize Female Participation in Innovation? Evidence from Chinese AI Patents
Agrawal, Shubhangi; Rathi, Sawan; Chatterjee, Chirantan; … - National Bureau of Economic Research - 2024
this question using a unique database of artificial intelligence patents publicly shared by the USPTO. Our identification … significant rise in the number of female inventors and an increase in the number of patents with females on inventor teams vis … artificial intelligence patents with female inventors on the team improved. Results are robust controlling for unobserved …
Persistent link: https://www.econbiz.de/10014576575
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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
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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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
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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
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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
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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
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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
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 declining until about 2000, it has strongly rebounded since then. The timing …-ICT components. Mega firms also generate a disproportionately large number of "hits"--novel patents that lead to the largest numbers …
Persistent link: https://www.econbiz.de/10014322847