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This chapter reviews the data and literature on gender, race and ethnicity differences in research funding in the United States and Europe. The gender gap in research funding has closed at the National Science Foundation and National Institutes of Health in the United States and substantially...
Persistent link: https://www.econbiz.de/10013334326
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
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 …" patents that cannot be linked to government funding from patent text or other sources. Combining the historical data with …
Persistent link: https://www.econbiz.de/10014486228
transformed the American innovation landscape, deepening the division of innovative labor between universities, startups, and …
Persistent link: https://www.econbiz.de/10015398165
Concern exists that public funding of science is increasingly risk averse. Funders have addressed this concern by soliciting the submission of high-risk research to either regular or specially designed programs. Little evidence, however, has been gathered to examine the extent to which such...
Persistent link: https://www.econbiz.de/10013361975
strategic disclosure of patent acquisitions and the conditions under which firms trade the benefits of competitor deterrence … recording dates for US patents purchased by publicly traded corporations, we predict and find earlier disclosure of patent …. Additional analyses reveal that (a) regulatory changes reducing the value of keeping acquisitions of patent applications secret …
Persistent link: https://www.econbiz.de/10015409814
Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete … agreements (NCAs). We examine how the legal enforceability of NCAs affects innovation, as measured by patenting, using data on …
Persistent link: https://www.econbiz.de/10014322874
As patent data become more available in machine-readable form, an increasing number of researchers have begun to use … the economic meaning of these citation-based patent measures using the financial market valuation of the firms that own … measures of Tobin's Q for the firms. We find that citation-weighted patent stocks are more highly correlated with market value …
Persistent link: https://www.econbiz.de/10012471009
,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises …
Persistent link: https://www.econbiz.de/10013362008
startup advantage in terms of forward citations and outlier-patent rates. Further, startup innovation is both more original …What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … ventures in the innovation process relative to more traditional alternatives such as academia and established private …
Persistent link: https://www.econbiz.de/10013362016