We consider philanthropy by college alums from an innovative and provocative perspective: what if prospective college students were considered members of assets classes with different risk-return combinations? Using forty years of merged admissions-philanthropy records on students at a highly...

There are two counter-intuitive trends in technological collaboration currently at work, making collaborative patent applications less common but where they exist, the collaborations involve more partners. Patent data are used to examine these trends along with the impact of two recent policy...

We model the diffusion of economic knowledge using an epidemiological model of susceptible, exposed, infected, and recovered populations (SEIR). Treating bibliographic citations as evidence of contagion, we estimate the coefficients of a four-equation system simultaneously for each of 759...

Recent liberalization of technology flows in several less developed nations necessitates study into the possible effects of this significant shift in policy. This paper uses a unique firm-level dataset, modeling the choice between R&D expenditures and technology licensing behavior in Brazil,...

With the recent liberalization of technology flows, changes in the pattern of domestic invention can be expected in Brazil. This paper models the decision of a firm to engage in innovative activity and to protect the results of that activity. Using a unique firm-level dataset collected for this...