While there is widespread agreement among economists and management scholars that knowledge spillovers exist and have important economic consequences, researchers know substantially less about the "micro mechanisms" of spillovers — about the degree to which they are geographically localized,...

Despite recent advances in our understanding of how innovation and entrepreneurship impact the creation and appropriation of value, numerous questions remain unanswered. This volume draws together scholars working at the forefront of entrepreneurship-, strategy-, and innovation-related domains...

How important is information disclosure through patents for subsequent innovation? To answer this question, we examine the expansion of the USPTO Patent Library system after 1975. Before the Internet, patent libraries gave inventors access to patent documents. We find that after patent library...

To what extent does "false science" impact the rate and direction of scientific change? We examine the impact of more than 1,100 scientific retractions on the citation trajectories of articles that are related to retracted papers in intellectual space but were published prior to the retraction...

This article investigates the historical conditions that contributed to the birth of in-house research and development (R&D) capabilities in the early US pharmaceutical industry by examining qualitative and quantitative data on university-industry interaction between the 1920s and 1940s. This...

Understanding the factors affecting the direction of innovation is a central aim of research in the economics and strategic management of innovation. Progress on this topic has been inhibited by difficulties in measuring the location and movement of innovation in ideas space. To date, most...

We examine how the introduction of a technology that automates research tasks influences the rate and type of researchers' knowledge production. To do this, we leverage the unanticipated arrival of an automating motion-sensing research technology that occurred as the consequence of the...

Can firms leverage public entrepreneurship investments to improve innovation and financial performance? Analysis of this question is frustrated by the difficulty of distinguishing treatment from selection effects. We take advantage of internal administrative data on applications to China's...