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The Effects of High-Skilled Immigration on Firms: Evidence from H-1B Visa Lotteries

Doran, Kirk; Gelber, Alexander; Isen, Adam - National Bureau of Economic Research (NBER) - 2014

We study the effect of a firm winning an additional H-1B visa on the firm’s outcomes, by comparing winning and losing firms in the Fiscal Year 2006 and 2007 H-1B visa lotteries. We match administrative data on the participants in these lotteries to the universe of approved U.S. patents, and to...

Persistent link: https://www.econbiz.de/10011196772

Leaders and Followers: Perspectives on the Nordic Model and the Economics of Innovation

Stiglitz, Joseph E. - National Bureau of Economic Research (NBER) - 2014

This paper is an exercise in comparative institutional analysis, asking what kinds of arrangements most facilitate innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may be particularly conducive to innovation, and...

Persistent link: https://www.econbiz.de/10010950953

Intellectual Property Rights, the Pool of Knowledge, and Innovation

Stiglitz, Joseph E. - National Bureau of Economic Research (NBER) - 2014

The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the ability of firms to appropriate the returns to their...

Persistent link: https://www.econbiz.de/10010821990

Pioneers, Submariners, or Thicket-builders: Which Firms Use Continuations in Patenting?

Graham, Stuart J.H.; Hegde, Deepak; Mowery, David C. - National Bureau of Economic Research (NBER) - 2007

The continuations procedure within the U.S. patent system has been criticized for enabling firms to manipulate the patent review process for strategic purposes. Changes during the 1990s in patent procedures affected the incentives of applicants to exploit the continuations process, and...

Persistent link: https://www.econbiz.de/10005778505

Wages and Human Capital in the U.S. Financial Industry: 1909-2006

PHILIPPON, Thomas; Reshef, Ariell - National Bureau of Economic Research (NBER) - 2009

We use detailed information about wages, education and occupations to shed light on the evolution of the U.S. financial sector over the past century. We uncover a set of new, interrelated stylized facts: financial jobs were relatively skill intensive, complex, and highly paid until the 1930s and...

Persistent link: https://www.econbiz.de/10005718567

What Makes Them Tick? Employee Motives and Firm Innovation

Sauermann, Henry; Cohen, Wesley M. - National Bureau of Economic Research (NBER) - 2008

We examine the impact of individual-level motives upon innovative effort and performance in firms. Drawing from … effort and performance. Using data on over 11,000 industrial scientists and engineers (SESTAT 2003), we find that individuals …' motives have significant effects upon innovative effort and performance. These effects vary significantly, however, by the …

Persistent link: https://www.econbiz.de/10005720889

Finance and Governance in Developing Economies

Morck, Randall - National Bureau of Economic Research (NBER) - 2011

Classic Big Push industrialization envisions state planners coordinating economic activity to internalize a range of externalities that otherwise lock in a low-income equilibrium, but runs afoul of well-known government failure problems. Successful Big Push coordination may occur instead when a...

Persistent link: https://www.econbiz.de/10008869241

Property Rights and Parliament in Industrializing Britain

Bogart, Daniel; Richardson, Gary - National Bureau of Economic Research (NBER) - 2010

During Britain's industrialization, Parliament operated a forum where rights to land and resources could be reorganized. This venue enabled landholders and communities to exploit economic opportunities that could not be accommodated by the inflexible rights regime inherited from the past. In...

Persistent link: https://www.econbiz.de/10008610965

Financial Frictions and the Persistence of History: A Quantitative Exploration

Buera, Francisco J.; Shin, Yongseok - National Bureau of Economic Research (NBER) - 2010

We quantify the role of financial frictions and the initial misallocation of resources in explaining development dynamics. Following a reform that triggers efficient reallocation of resources, our model economy with financial frictions converges slowly to the new steady state--it takes twice as...

Persistent link: https://www.econbiz.de/10008680925

New cellular networks in Malawi: Correlates of service rollout and network performance

Thornton, Rebecca L.; Batzilis, Dimitrios; Dinkelman, Taryn - National Bureau of Economic Research (NBER) - 2010

performance of these networks. Since the rollout of cellular networks has been largely spearheaded by an active private sector in … interest. In this paper we use new data to estimate the correlates of cellular phone access and network performance across … geographic and Census data to describe the rollout and the performance of the cellular network measured by the dropped call rate …

Persistent link: https://www.econbiz.de/10008764662