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The Wandering Scholars : Understanding the Heterogeneity of University Commercialization
Lerner, Joshua; Manley, Henry J.; Stein, Carolyn; … - National Bureau of Economic Research - 2024
University-based scientific research has long been argued to be a central source of commercial innovation and economic … academic research to spill over to commercial innovation changes when academics move across universities. Our estimates suggest …
Persistent link: https://www.econbiz.de/10014468269
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Industrial Clusters in the Long Run : Evidence from Million-Rouble Plants in China
Heblich, Stephan; Seror, Marlon; Xu, Hao; Zylberberg, Yanos - National Bureau of Economic Research - 2022
We identify negative spillovers exerted by large, successful manufacturing plants on other local production facilities in China. A short-lived alliance between the U.S.S.R. and China led to the construction of 150 "Million-Rouble plants" in the 1950s. Our identification strategy exploits the...
Persistent link: https://www.econbiz.de/10013477236
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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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Intellectual Property Protection Lost and Competition : An Examination Using Machine Learning
Acikalin, Utku U.; Caskurlu, Tolga; Hoberg, Gerard; … - National Bureau of Economic Research - 2022
We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and …
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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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
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 … 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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Centralization and Organization Reproduction : Ethnic Innovation in R&D Centers and Satellite Locations
Kerr, William R. - National Bureau of Economic Research - 2023
We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...
Persistent link: https://www.econbiz.de/10014372481
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The Roots of Agricultural Innovation : Patent Evidence of Knowledge Spillovers
Clancy, Matthew S. - 2020
This chapter investigates the extent to which agricultural innovations draw on ideas originating outside of agriculture. We identify a large set of US patents for agricultural technologies granted between 1976 and 2018. To measure knowledge spillovers to these patents, we rely on three proxies:...
Persistent link: https://www.econbiz.de/10012481968
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Innovations and Technological Spillovers
Nadiri, M. Ishaq - 1993
In this paper we analyze the evidence from a large number of studies on three specific questions pertaining to R&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity and what are the magnitudes of the returns to a...
Persistent link: https://www.econbiz.de/10012474527
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Innovation Spillovers across U.S. Tech Clusters
Giroud, Xavier; Liu, Ernest; Müller, Holger M. - National Bureau of Economic Research - 2024
through their parent firms' networks of innovating plants. Cross-cluster innovation spillovers do not depend on the physical … physical distances. To rationalize these findings, and to inform policy, we develop a tractable model of spatial innovation … that features both within- and cross-cluster innovation spillovers. Based on our model, we derive a sufficient statistic …
Persistent link: https://www.econbiz.de/10014635640