We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance … based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights …. First, average patent importance declined from 2000-2010 but has increased more recently. Second, private Chinese firms …

We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance … based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights …. First, average patent importance declined from 2000-2010 but has increased more recently. Second, private Chinese firms …

Recent empirical evidence has shown that firm’s innovation behavior exhibits high persistency but not much is known … environment and asks how local knowledge spillovers affect firms' innovation persistence. The empirical analysis draws upon a … representative panel data set of firms in Germany from 2002-2016, complemented by detailed geographic information of patent activity …

This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to product innovation …

This paper examines how productivity effects of human capital and innovation vary at different points of the …-skilled employees and industries in Germany by a more unequal distribution of human capital intensity. In Germany, average innovation … performance is higher in all industries, except for low-technology manufacturing, and in the Netherlands the innovation …