This paper identifies over 50 000 patents filed worldwide in various water-related adaptation technologies between 1990 and 2010, distinguishing between those related to water availability (supply) and water conservation (demand) technologies. The paper then analyses the innovation activity –...

This paper examines the evolution of firm mark-ups across 26 countries for the period 2001-14. It also discusses and investigates empirically how this can be related to the degree of digital transformation in sectors. Four main facts emerge: i) mark-ups are increasing over the period, on average...

Environmental policy discussions increasingly focus on issues related to technological change. This is partly because the environmental consequences of social activity are frequently affected by the rate and direction of technological change, and partly because environmental policy interventions...

Considering the deep pessimism about the limits to growth that prevailed throughout much of the 60s and early 70s, the rapid growth in food crop productivity and food supplies triggered by the Green Revolution was a remarkable achievement. The driving force behind this success was the...

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...

Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation. Progress on this topic has been inhibited by difficulties in measuring distance and movement in knowledge space. We describe a methodology that infers the mapping of the...