Despite a substantial body of research investigating the market significance of inventions by independent inventors, relatively little attention has been devoted to understanding their technological significance. A recent study conducted by [Dahlin, K., Taylor, M., Fichman, M., 2004. Today's...

This research empirically establishes and theoretically motivates the hypothesis that population aging has a hump-shaped effect on inventive activity. We estimate this hump-shaped relationship in a panel of 33 OECD countries over the period 1960-2012. The increasing part of the hump captures the...

Technologies are created through the collective efforts of individual inventors. Understanding inventors' behaviors may thus enable predicting invention, guiding design efforts or improving technology policy. We examined data from 2.8 million inventors' 3.9 million patents and found most patents...