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Artuç, Erhan; Pourpourides, Panayiotis M. - 2012

Using US data for the period 1959-2007, we identify sectoral productivity shocks and capital investment-specific shocks by employing a Vector Autoregression whose shock structure is disciplined by a general equilibrium model. Controlling for real and nominal factors, we find that capital...

Persistent link: https://www.econbiz.de/10009530178

Did cheaper flights change the direction of science?

Catalini, Christian; Fons-Rosen, Christian; Gaulé, Patrick - 2016

We test how a reduction in travel cost affects the rate and direction of scientific research. Using a fine-grained, scientist-level dataset within chemistry (1991-2012), we find that after Southwest Airlines enters a new route, scientific collaboration increases by 50%, an effect that is...

Persistent link: https://www.econbiz.de/10011458087

Creating and Connecting US and China Science : Chinese Diaspora and Returnee Researchers

Xie, Qingnan; Freeman, Richard B. - National Bureau of Economic Research - 2023

The close connection between US and China in scientific research and education in the 2000s produced a large group of China-born researchers who work in the US ("diaspora") and a larger group of China-born researchers who gained US-research experience and returned to do their research in China...

Persistent link: https://www.econbiz.de/10014322694

Building a Wall Around Science : The Effect of U.S.-China Tensions on International Scientific Research

Glennon, Britta; Murciano-Goroff, Raviv; Xiao, Jiusi - National Bureau of Economic Research - 2024

This paper examines the impact of rising U.S.-China geopolitical tensions on three main dimensions of science: STEM trainee mobility between these countries, usage of scientific works between scientists in each country, and scientist productivity in each country. We examine each dimension from a...

Persistent link: https://www.econbiz.de/10014576651

R&D activity and core business efficiency on the example of technology companies

Nawrocki, Tomasz L. - 2015

Taking as a basis for discussion the Schumpeter's innovation theory, this paper analyses the relationship between …

Persistent link: https://www.econbiz.de/10012010953

Moonshot : Public R&D and Growth

Kantor, Shawn Everett; Whalley, Alexander T. - National Bureau of Economic Research - 2023

We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...

Persistent link: https://www.econbiz.de/10014322858

An empirical examination of the antecedents and consequences of investment patterns in crowd-funded markets

Burtch, Gordon; Ghose, Anindya; Wattal, Sunil - 2011

Crowd-funded markets have recently emerged as a novel source of capital for entrepreneurs. As the economic potential of these markets is now being realized, they are beginning to go mainstream, a trend reflected by the explicit attention crowdfunding has received in the American Jobs Act as a...

Persistent link: https://www.econbiz.de/10009409861

How much does immigration boost innovation?

Hunt, Jennifer; Gauthier-Loiselle, Marjolaine - 2009

We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual …

Persistent link: https://www.econbiz.de/10010269300

Immigrant entrepreneurs and innovation in the U.S. high-tech sector

Brown, J. David; Earle, John S.; Kim, Mee Jung; Lee, … - 2019

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …

Persistent link: https://www.econbiz.de/10011986036

Immigration policy levers for U.S. : innovation and startups

Kerr, William R.; Pekkala Kerr, Sari - 2020

reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …

Persistent link: https://www.econbiz.de/10012241073