We show that personal experiences affect high-stakes economic decisions among inventors. Using matched patent and survey data from French and German inventors linked to natural disaster records, we exploit exogenous variation in disaster exposure. Inventors personally affected by natural...

We show that personal experiences affect high-stakes economic decisions among inventors. Using matched patent and survey data from French and German inventors linked to natural disaster records, we exploit exogenous variation in disaster exposure. Inventors personally affected by natural...

Background: In the context of increasing supply chain complexity, efficient inventory management has become important in enhancing the performance of logistics systems and sustaining the competitiveness of companies. Real-time visibility, tracking, and control over stock levels ensure...