Showing 1 - 10 of 4,611
This paper surveys the major changes in patent policy and practice that have occurred in the last two decades in the U … effects of changes in patent policy. Despite the significance of the policy changes and the wide availability of detailed data … relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
Persistent link: https://www.econbiz.de/10012471503
While many studies have looked at innovation and adoption of technologies separately, the two processes are linked … combines plant-level data on U.S. coal-fired electric power plants with patent data pertaining to NOx pollution control …
Persistent link: https://www.econbiz.de/10012466550
received over their careers, we highlight the impact of early U.S. patent institutions in providing broad access to economic … procedures for application, the United States deliberately created a patent system that allowed a much wider range, in … patent institutions. Moreover, by requiring that applications be examined for novelty by technical experts, and by enforcing …
Persistent link: https://www.econbiz.de/10012467721
estimation is over panel datasets of patent grants, and unpatented innovations that were submitted for prizes at the annual … hypothesize that the difference partly owes to the design of patent institutions, which explicitly incorporate mechanisms for …
Persistent link: https://www.econbiz.de/10012457934
technological knowledge. Relying on evidence compiled from patent records, we argue that the evolution of a market for technology … trade in patent rights was closely associated with increases in specialization at invention, as well as advances in rates of … invention more generally. The patent system is often celebrated for the stimulus to invention provided by granting limited …
Persistent link: https://www.econbiz.de/10012471687
We construct new technology indicators using textual analysis of patent documents and occupation task descriptions that … occupations, we show that technological innovation has been largely associated with worse labor market outcomes--wages and …
Persistent link: https://www.econbiz.de/10012794580
This study evaluates the impact of high-skilled immigrants on US technology formation. We use reduced-form specifications that exploit large changes in the H-1B visa program. Higher H-1B admissions increase immigrant science and engineering (SE) employment and patenting by inventors with Indian...
Persistent link: https://www.econbiz.de/10012462887
institutional supports that made this market possible was, of course, the patent system, which created secure and tradable property … costs associated with assessing the value of inventions and helped to match sellers and buyers of patent rights. Patent …
Persistent link: https://www.econbiz.de/10012469696
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
We develop measures of labor-saving and labor-augmenting technology exposure using textual analysis of patents and job tasks. Using US administrative data, we show that both measures negatively predict earnings growth of individual incumbent workers. While labor-saving technologies predict...
Persistent link: https://www.econbiz.de/10014436977