Why is invention strongly positively correlated with parental income not only in the US but also in Finland which …

either incremental or novel co-invention. Incremental co-inventors aspire to small gains at low costs and with less … and with uncertain outcomes. Similar firms investing in incremental co-invention will create value proportional to their … different upper tail of the distribution of returns. We show that the value distributions for incremental and novel co-invention …

of patent-owners - discourages invention. Our analysis exploits new historical data on German patents to examine the … effects of compulsory licensing under the US Trading-with-the-Enemy Act on invention in Germany. We find that compulsory … licensing was associated with a 28 percent increase in invention. Historical evidence indicates that, as a result of war …

evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for … invention, their adoption as research inputs in the invention process promotes technological progress. The gains from pursuing … determine idea inputs in invention based on the text of nearly every US patent granted during 1836-2010. We find that inventions …

success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …

Recent accounts suggest the development and commercialization of invention has become more "open." Greater division of … specialization. Moreover, this extensive reliance upon outside sources for invention also suggests that understanding the factors … which innovators rely upon external sources of invention. Our results indicate that, between 2007 and 2009, 16% of …