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Killing the Golden Goose? The Decline of Science in Corporate R&D

Arora, Ashish - 2015

Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …

Persistent link: https://www.econbiz.de/10012457764

Techies and Firm Level Productivity

Harrigan, James; Reshef, Ariell; Toubal, Farid - National Bureau of Economic Research - 2023

-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion within firms. Using …

Persistent link: https://www.econbiz.de/10014322729

International R&D Spillovers : A Re-Examination

Lichtenberg, Frank - 1996

Coe and Helpman(1995) have measured the extent to which technology spills over between industrialized countries through the particular channel of trade flows. This paper re-examines two particular features of their study. First, we suggest that their functional form of how foreign R&D affects...

Persistent link: https://www.econbiz.de/10012473174

From Imitation to Innovation : Where Is all that Chinese R&D Going?

König, Michael - 2020

two strategies toward that end: imitation and innovation. The theory bears predictions about the evolution of the …

Persistent link: https://www.econbiz.de/10012481599

Learning When to Quit : An Empirical Model of Experimentation

Ganglmair, Bernhard - 2018

We study a dynamic model of the decision to continue or abandon a research project. Researchers improve their ideas over time and also learn whether those ideas will be adopted by the scientific community. Projects are abandoned as researchers grow more pessimistic about their chance of success....

Persistent link: https://www.econbiz.de/10012453356

Are Ideas Getting Harder to Find?

Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012453929

Quantifying the Benefits of New Products : The Case of the Minivan

Petrin, Amil - 2001

I develop a technique useful for obtaining more precise estimates of demand and supply curves when constrained to market-level data. It augments the estimation routine with data on the average characteristics of consumers that purchase different products. I apply the technique to the automobile...

Persistent link: https://www.econbiz.de/10012470497

The Quality of Ideas : Measuring Innovation with Multiple Indicators

Lanjouw, Jean O. - 1999

We model early expectations about the value and technological importance ('quality') of a patented innovation as a …

Persistent link: https://www.econbiz.de/10012471439

Managed Care and the Growth of Medical Expenditures

Cutler, David M. - 1997

We use data across states to examine the relation between HMO enrollment and medical spending. We find that increased managed care enrollment significantly reduces hospital cost growth. While some of this effect is offset by increased spending on physicians, we generally find a significant...

Persistent link: https://www.econbiz.de/10012472673

The Spatial Mismatch Between Innovation and Joblessness

Glaeser, Edward L. - 2019

's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …

Persistent link: https://www.econbiz.de/10012479862