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Organizational Responses to Product Cycles

Adhvaryu, Achyuta; Bassi, Vittorio; Nyshadham, Anant; … - National Bureau of Economic Research - 2023

We use daily administrative data from a leading automobile manufacturer to study the organizational impacts of introducing new models to the auto assembly line. We first show that costly defects per vehicle spike when new models are introduced. As a response, the firm trains in problem-solving...

Persistent link: https://www.econbiz.de/10014337815

Mapping the Knowledge Space : Exploiting Unassisted Machine Learning Tools

Teodoridis, Florenta; Lu, Jino; Furman, Jeffrey L. - National Bureau of Economic Research - 2022

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...

Persistent link: https://www.econbiz.de/10013435165

Educational Inequality

Azuma, Yoshiaki - 2001

This paper develops a theoretical model that relates changes in educational inequality to the combined effects of innovations that have increased the relative demand for more educated labor and innovations that have increased ability premiums. Under the assumption that in the long run individual...

Persistent link: https://www.econbiz.de/10012470518

The Reorganization of Inventive Activity in the United States during the Early Twentieth Century

Lamoreaux, Naomi R. - 2009

The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...

Persistent link: https://www.econbiz.de/10012463209

Innovation and Productivity in SMEs : Empirical Evidence for Italy

Hall, Bronwyn H. - 2008

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … Italian SMEs from the "Survey on Manufacturing Firms" conducted by Mediocredito-Capitalia covering the period 1995-2003. The … process innovation. Among SMEs, larger and older firms seem to be less productive …

Persistent link: https://www.econbiz.de/10012464055

The Importance (or not) of Patents to UK Firms

Hall, Bronwyn H. - 2013

a number of explanations for these findings: most firms are SMEs, many innovations are new to the firm, but not to the …

Persistent link: https://www.econbiz.de/10012459572

Private Equity and the Innovation Strategies of Entrepreneurial Firms : Empirical Evidence from the Small Business Innovation Research Program

Link, Albert N. - 2012

There is great interest in evaluating the impact of private equity investments on innovation and economic growth. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of entrepreneurial firms. We fill this gap by examining a rich...

Persistent link: https://www.econbiz.de/10012460364

Foreign Competition and Innovation

Helpman, Elhanan - National Bureau of Economic Research - 2023

Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this relationship, I examine a market structure in which a small number of large multi-product oligopolists compete with a large number of small single-product firms in the same...

Persistent link: https://www.econbiz.de/10014436971

Externalities from Medical Innovation : Evidence from Organ Transplantation

Callison, Kevin; Darden, Michael; Teltser, Keith F. - National Bureau of Economic Research - 2023

We evaluate the introduction of direct-acting antiviral (DAA) therapy for Hepatitis C (HCV) on liver transplant allocation in the United States. We develop a model of listing and organ acceptance behavior for patients with both HCV-positive and HCV-negative end-stage liver disease. In the model,...

Persistent link: https://www.econbiz.de/10014372430

Monetary Policy and Innovation

Ma, Yueran; Zimmermann, Kaspar - National Bureau of Economic Research - 2023

We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 basis points, research and development (R&D) spending declines by about 1 to 3 percent and venture capital (VC) investment declines by about 25 percent in the following 1 to 3...

Persistent link: https://www.econbiz.de/10014372455