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Buy, keep, or sell : economic growth and the market for ideas
Akcigit, Ufuk; Çelik, Murat Alp; Greenwood, Jeremy - In: Econometrica : journal of the Econometric Society, an … 84 (2016) 3, pp. 943-984
Persistent link: https://www.econbiz.de/10011579599
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Growth through Heterogeneous Innovations
Akcigit, Ufuk; Kerr, William R. - Department of Economics, University of Pennsylvania - 2010
framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10008674319
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Back to Basics: Basic Research Spillovers, Innovation Policy and Growth
Akcigit, Ufuk; Hanley, Douglas; Serrano-Velarde, Nicolas - Department of Economics, University of Pennsylvania - 2013
This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...
Persistent link: https://www.econbiz.de/10010692367
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Buy, Keep or Sell: Economic Growth and the Market for Ideas
Akcigit, Ufuk; Celik, Murat Alp; Greenwood, Jeremy - Economie d'Avant Garde - 2013
An endogenous growth model is developed where each period firms invest in researching and developing new ideas. An idea increases a firm's productivity. By how much depends on how central the idea is to a firm's activity. Ideas can be bought and sold on a market for patents. A firm can sell an...
Persistent link: https://www.econbiz.de/10010862243
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Back to Basics: Basic Research Spillovers, Innovation Policy and Growth
Hanley, Douglas; Akcigit, Ufuk; Serrano-Velarde, Nicolas - Department of Economics, University of Pittsburgh - 2014
This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...
Persistent link: https://www.econbiz.de/10010929532
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Buy, Keep or Sell: Economic Growth and the Market for Ideas
Akcigit, Ufuk; Celik, Murat Alp; Greenwood, Jeremy - Department of Economics, University of Pennsylvania - 2013
An endogenous growth model is developed where each period firms invest in researching and developing new ideas. An idea increases a firm's productivity. By how much depends on how central the idea is to a firm's activity. Ideas can be bought and sold on a market for patents. A firm can sell an...
Persistent link: https://www.econbiz.de/10010822927
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Growth through heterogeneous innovations
Akcigit, Ufuk; Kerr, William R. - 2013
framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10012148199
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Buy, keep or sell : economic growth and the market for ideas
Akcigit, Ufuk; Çelik, Murat Alp; Greenwood, Jeremy - 2015
Persistent link: https://www.econbiz.de/10011537892
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Back to basics : basic research spillovers, innovation policy, and growth
Akcigit, Ufuk; Hanley, Douglas; Serrano-Velarde, Nicolas - In: The review of economic studies : RES 88 (2021) 1, pp. 1-43
Persistent link: https://www.econbiz.de/10012434756
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Innovation network
Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …
Persistent link: https://www.econbiz.de/10011557905