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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/10013029033
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Words in Patents : Research Inputs and the Value of Innovativeness in Invention
Packalen, Mikko - 2014
Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the invention process promotes technological progress....
Persistent link: https://www.econbiz.de/10013065176
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The U.S. Patent System in Transition : Policy Innovation and the Innovation Process
Jaffe, Adam B. - 2021
relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
Persistent link: https://www.econbiz.de/10013226916
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University Patenting : Estimating the Diminishing Breadth of Knowledge Diffusion and Consumption
Rosell, Carlos - 2012
The rate of university patenting increased dramatically during the 1980s. To what extent did the knowledge flow patterns associated with public sector inventions change as university administrators and faculty seemingly became more commercially oriented? Using a Herfindahl-type measure of patent...
Persistent link: https://www.econbiz.de/10012755451
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Twins or Strangers? Differences and Similarities between Industrial and Academic Science
Sauermann, Henry - 2015
Some scholars view academic and industrial science as qualitatively different knowledge production regimes. Others claim that the two sectors are increasingly similar. Large-scale empirical evidence regarding similarities and differences, however, has been missing. Drawing on prior work on the...
Persistent link: https://www.econbiz.de/10013038758
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Patents and Research Investments : Assessing the Empirical Evidence
Budish, Eric B. - 2016
A well-developed theoretical literature — dating back at least to Nordhaus (1969) — has analyzed optimal patent policy design. We re-present the core trade-off of the Nordhaus model and highlight an empirical question which emerges from the Nordhaus framework as a key input into optimal...
Persistent link: https://www.econbiz.de/10013001206
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Capturing Technological Opportunity Via Japan'S Star Scientists : Evidence from Japanese Firms' Biotech Patents and Products
Zucker, Lynne G.; Darby, Michael R. - 2021
Using detailed data on biotechnology in Japan, we find that identifiable collaborations" between particular university star scientists and firms have a large positive impact on firms'" research productivity, increasing the average firm's biotech patents by 34 percent development by 27 percent,...
Persistent link: https://www.econbiz.de/10013227202
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Pollution Control Innovations and the Clean Air Act of 1990
Popp, David - 2021
Although economists cite potential gains from induced innovation as an advantage of using market-based mechanisms to … control. I find that requiring plants constructed before 1990 to install scrubbers created incentives for innovation that …
Persistent link: https://www.econbiz.de/10013222060
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Procuring Knowledge
Maurer, Stephen M.; Scotchmer, Suzanne - 2021
There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...
Persistent link: https://www.econbiz.de/10013218398
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Birds of a Feather - Better Together? Exploring the Optimal Spatial Distribution of Ethnic Inventors
Agrawal, Ajay K. - 2013
We examine how the spatial and social proximity of inventors affects knowledge flows, focusing especially on how the two forms of proximity interact. We develop a knowledge flow production function (KFPF) as a flexible tool for modeling access to knowledge and show that the optimal spatial...
Persistent link: https://www.econbiz.de/10012754047