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The Diffusion of Disruptive Technologies

Bloom, Nicholas; Hassan, Tarek A.; Kalyani, Aakash; … - National Bureau of Economic Research - 2021

We identify novel technologies using textual analysis of patents, job postings, and earnings calls. Our approach enables us to identify and document the diffusion of 29 disruptive technologies across firms and labor markets in the U.S. Five stylized facts emerge from our data. First, the...

Persistent link: https://www.econbiz.de/10012599289

Institutions, Technology and Prosperity

Acemoglu, Daron - National Bureau of Economic Research - 2025

to organize these ideas and connect them with my research on innovation and technology. The framework is centered around …

Persistent link: https://www.econbiz.de/10015326436

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

Digital Innovation and the Distribution of Income

Guellec, Dominique - 2017

top 1%. In this paper we argue that the growing importance of digital innovation - new products and processes based on … Schumpeter's vision, digital innovation gives rise to "winner-take-all" market structures, characterized by higher market power … digital non-rivalry, which allows for massive economies of scale and reduces costs of innovation. The latter stimulates higher …

Persistent link: https://www.econbiz.de/10012453726

Firm-Level Upgrading in Developing Countries

Verhoogen, Eric - National Bureau of Economic Research - 2021

various dimensions of upgrading --- learning, quality upgrading, technology adoption, and product innovation. The second part …

Persistent link: https://www.econbiz.de/10012696370

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

Grilichesian Breakthroughs : Inventions of Methods of Inventing and Firm Entry in Nanotechnology

Darby, Michael R. - 2003

Metamorphic progress (productivity growth much faster than average) is often driven by Grilichesian inventions of methods of inventing. For hybrid seed corn, the enabling invention was double-cross hybridization yielding highly productive seed corn that was not self-propagating. Biotechnology...

Persistent link: https://www.econbiz.de/10012468873

Digital Capital and Superstar Firms

Tambe, Prasanna - 2020

General purpose technologies like information technology typically require complementary firm-specific investments to create value. These complementary investments produce a form of capital, which is typically intangible and which we call digital capital. We create an extended firm-level panel...

Persistent link: https://www.econbiz.de/10012482503

Banking on Technology : Bank Technology Adoption and Its Effects

Jiang, Sheila; Rebucci, Alessandro; Zhang, Gang - National Bureau of Economic Research - 2025

We develop and estimate a new model of endogenous growth in bank efficiency and firm productivity in which banks adopt technology embedded in capital goods produced by entrepreneurs, and agents choose whether to become workers or capital-good-producing entrepreneurs. In this framework, bank...

Persistent link: https://www.econbiz.de/10015361426

Productivity and Wages : What Was the Productivity-Wage Link in the Digital Revolution of the Past, and What Might Occur in the AI Revolution of the Future?

Lazear, Edward P.; Shaw, Kathryn; Hayes, Grant E.; … - National Bureau of Economic Research - 2022

Wages have been spreading out across workers over time - or in other words, the 90th/50th wage ratio has risen over time. A key question is, has the productivity distribution also spread out across worker skill levels over time? Using our calculations of productivity by skill level for the U.S.,...

Persistent link: https://www.econbiz.de/10013477226