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Hall, Bronwyn H. - 2004

This paper asks the question: Can we see evidence of General Purpose Technologies in patent data? Using data on three million US patents granted between 1967 and 1999, and their citations received between 1975 and 2002, we construct a number of measures of GPTs, including generality, number of...

Persistent link: https://www.econbiz.de/10012467786

Patents, Citations and Innovations : Tracing the Links

Trajtenberg, Manuel - 1987

solutions are applied to the case of Computed Tomography (CT) Scanners, a pathbreaking innovation in medical technology. The …

Persistent link: https://www.econbiz.de/10012476610

Words in Patents : Research Inputs and the Value of Innovativeness in Invention

Packalen, Mikko - 2012

Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the invention process promotes technological progress....

Persistent link: https://www.econbiz.de/10012460166

Do Funding Agencies Select and Enable Risky Research : Evidence from ERC Using Novelty as a Proxy of Risk Taking

Veugelers, Reinhilde; Wang, Jian; Stephan, Paula E. - National Bureau of Economic Research - 2022

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

Digital Rights Management and the Pricing of Digital Products

Park, Yooki - 2005

As it becomes cheaper to copy and share digital content, vendors are turning to technical protections such as encryption. We argue that if protection is nevertheless imperfect, this transition will generally lower the prices of content relative to perfect legal enforcement. However, the effect...

Persistent link: https://www.econbiz.de/10012467145

Adoption of New Information and Communications Technologies in the Workplace Today

Bresnahan, Timothy - 2016

The invention of new applications based on information and communications technologies (ICTs) has had two economic effects up to now. These applications have transformed production, creating value for applications-inventing companies and their customers and increasing economic growth through...

Persistent link: https://www.econbiz.de/10012456330

Digital Abundance and Scarce Genius : Implications for Wages, Interest Rates, and Growth

Benzell, Seth G. - 2019

are sufficiently complementary to inelastically supplied genius, innovation augmenting either of the first two factors can …

Persistent link: https://www.econbiz.de/10012479538

Kill Zone

Kamepalli, Sai Krishna - 2020

We study why high-priced acquisitions of entrants by an incumbent do not necessarily stimulate more innovation and …

Persistent link: https://www.econbiz.de/10012481729

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

ICT, R&D and Organizational Innovation : Exploring Complementarities in Investment and Production

Mohnen, Pierre - 2018

This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …

Persistent link: https://www.econbiz.de/10012480697

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