This paper explores the links between open innovation and the emergence of a phoenix industry - the low carbon vehicles sector - in the UK's traditional automotive heartland, focusing on the West Midlands region. It highlights three major factors in driving the development of this ‘phoenix'...

This paper examines how product market competition affects firms’ timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...

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...

We propose a simple model where the innovation rate of a technological domain depends on the innovation rate of the technological domains it relies on. Using data on US patents from 1836 to 2017, we make out-of-sample predictions and fond that the predictability of innovation rates can be...

This paper investigates the characteristics of Canadian manufacturing plants that are related to the use of advanced technologies. The data used are taken from the 1989 Survey of Manufacturing Technology and are linked to administrative data taken from the Census of Manufacturers. Technology use...

In this paper I analyze the correlation between the licensing activity by start-ups and established firms (mainly in the biotech sector) and the inventions’ stages of development. Using data from the San Diego region on licensing new technologies and a new variable to characterize the...

This paper examines the determinants of international technology agreements in the global tire industry between 1985 and 1996. The empirical investigation combines firm level data on establishment, patenting, and alliance activity with dyad and country specific variables to explain the observed...