This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...

Globalization has dramatically transformed the world economy during the last quarter of 20th century and more vigorously in the first decade and a half in the 21st century. The most important characteristic of this phase of globalization is the rise of cross border flows of trade, investment,...

This paper explores the determinants of different channels of knowledge transfer and their inter-linkages with academic and applied research. We use the longitudinal HE-BCI survey data juxtaposed against multiple rounds of research evaluation results in the UK higher education sector to estimate...

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...

The 2018 Global Innovation Index ranks Pakistan 118 out of 126 in innovation. One of the main reasons why developing countries, such as Pakistan, fail to innovate is their improvisation of astute and concurrent knowledge. This study explores the contemporary hurdles that lead to manufacturing...

This study explores the impact of headquarters’ innovation motives on subsidiary knowledge sourcing, and their subsequent roles. The motivation of this research is to expand upon the understanding of the roles of foreign subsidiaries, and their implications on the innovation performance of the...

Do contributions to online content platforms induce a feedback loop of ever more user-generated content or will they discourage future contributions? To assess this, we use a randomized field experiment which added content to some pages in Wikipedia while leaving similar pages unchanged. We find...

Does data disclosure have an impact on citations? Four leading economics journals introduced a data disclosure policy between 2004 and 2006. We use panel data consisting of 17,135 article citing-year observations from 1996 to 2015 for articles published in these journals. Empirical articles that...

Economic literature acknowledges the impact of immigration on cross-border patenting and scientific publications. However, the role of immigration ows in the dissemination of knowledge in a broader sense is yet to be assessed. In this paper, I estimate the effect of immigration on the...