In the land of ‘Jugaad’, where everyone is able to find a frugal fix toany problem, innovation is still dismal. Innovation in India is dismal not because of the lack of grey matter, but because India is systemically failing its inventors – firstly, through an education system that focuses...

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 investigate the innovational determinants of “Patent Applications” in Europe. We use data from the European Innovation Scoreboard-EIS of the European Commission for 36 countries in the period 2010-2019. We use Panel Data with Fixed Effects, Panel Data with Random Effects, Pooled OLS, WLS...

This paper examines how firms’ R&D disclosures are associated with collaborative innovation, measured by co-patenting intensity. Compared to solo patents, co-patents are more uncertain and face a greater risk of proprietary information leakage. We find that firms with more co-patents tend to...

This paper investigates the relationship between the social inclusion of lesbian, gay, bisexual and transgender (LGBT) people and technological innovation. It establishes that LGBT inclusion helps foster human capital skills, thus strengthening national innovative capacity. Exploiting...

Building on signaling theory, this paper analyzes whether projects signaling patented technologies have a higher probability of funding success on a reward-based crowdfunding platform as compared with a control group of similar projects. Our analysis of a set of Kickstarter projects suggests the...

Since 1980, a series of legislative acts and judicial decisions have affected the ownership, scope, and duration of patents. These include: the Bayh-Dole Act in 1980; the extension of the maximum patent term in 1994; and the shift from a first to invent standard to a first to file system in 2011. These...

We investigate the impact of actors' positions within regional innovator networks on their innovative performance. The networks of four selected regions are based on information on patent applicants and inventors. Count data regressions show positive effects on innovation of both the total...

We investigate the impact of actors' positions within regional innovator networks on their innovative performance. The networks of four selected regions are based on information on patent applicants and inventors. Count data regressions show positive effects on innovation of both the total...

Are regulators biased? I show that in-group biases affect patent grant decisions, using a novel hand-collected biographical dataset on examiners at the United States Patent and Trademark Office. I find that examiners are more likely to grant patents to inventors from their own racial group or...