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Mega Firms and Recent Trends in the U.S. Innovation : Empirical Evidence from the U.S. Patent Data

Braginskij, Sergej V.; Choi, Joonkyu; Ding, Yuheng; Jo, … - National Bureau of Economic Research - 2023

We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the importance of mega firms in novel patents had been...

Persistent link: https://www.econbiz.de/10014322847

To Starve or to Stoke? : Understanding Whether Divestment vs. Investment Can Steer (Green) Innovation

Pless, Jacquelyn - National Bureau of Economic Research - 2023

divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a … critical component of transitioning to a cleaner economy. Divestment could theoretically steer innovation by increasing the … investment opportunities. I argue that continuing to invest in dirty industries could drive green innovation conditional on …

Persistent link: https://www.econbiz.de/10014226139

Invention Value, Inventive Capability and the Large Firm Advantage

Arora, Ashish; Cohen, Wesley M.; Lee, Honggi; … - National Bureau of Economic Research - 2022

Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...

Persistent link: https://www.econbiz.de/10013362008

Innovation and the Enforceability of Noncompete Agreements

Johnson, Matthew S.; Lipsitz, Michael; Pei, Alison - National Bureau of Economic Research - 2023

Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete … agreements (NCAs). We examine how the legal enforceability of NCAs affects innovation, as measured by patenting, using data on …

Persistent link: https://www.econbiz.de/10014322874

The Digital Welfare of Nations : New Measures of Welfare Gains and Inequality

Brynjolfsson, Erik; Collis, Avinash; Liaqat, Asad; … - National Bureau of Economic Research - 2023

Digital goods can generate large benefits for consumers, but these benefits are largely unmeasured in the national accounts, including GDP and productivity. In this paper, we measure welfare gains from 10 popular digital goods across 13 countries by conducting large-scale incentivized online...

Persistent link: https://www.econbiz.de/10014372427

When Product Markets Become Collective Traps : The Case of Social Media

Bursztyn, Leonardo; Handel, Benjamin R.; Jiménez … - National Bureau of Economic Research - 2023

Individuals might experience negative utility from not consuming a popular product. For example, being inactive on social media can lead to social exclusion or not owning luxury brands can be associated with having a low social status. We show that, in the presence of such spillovers to...

Persistent link: https://www.econbiz.de/10014421196

Competitive Job Seekers : When Sharing Less Leaves Firms at a Loss

Chiplunkar, Gaurav; Kelley, Erin M.; Lane, Gregory V. - National Bureau of Economic Research - 2024

We study how job-seekers share information about jobs within their social network, and its implications for firms. We randomly increase the amount of competition for a job and find that job-seekers are: (i) less likely to share information about the job with their peers; and (ii) choose to...

Persistent link: https://www.econbiz.de/10014486262

Access and Exposure to Local News Media in the Digital Era : Evidence from U.S. Media Markets

Bang, Minji; L'Heudé, Lucie; Postlewaite, Andrew; … - National Bureau of Economic Research - 2023

Using a new comprehensive survey of adults in large U.S. media markets we show that minority and low-skill individuals, who are heavily exposed to shocks to the local economy, typically have stronger preferences for and stronger ex- posure to local news than high-skill and white individuals. At...

Persistent link: https://www.econbiz.de/10014322823

Does the Squeaky Wheel Get More Grease? The Direct and Indirect Effects of Citizen Participation on Environmental Governance in China

Buntaine, Mark T.; Greenstone, Michael; He, Guojun; … - National Bureau of Economic Research - 2022

We conducted a nationwide field experiment in China to evaluate the direct and indirect impacts of assigning firms to public or private citizen appeals treatments when they violate pollution standards. There are three main findings. First, public appeals to the regulator through social media...

Persistent link: https://www.econbiz.de/10013435101

Can Social Media Rhetoric Incite Hate Incidents?$bEvidence from Trump's "Chinese Virus" Tweets

Cao, Andy; Lindo, Jason M.; Zhong, Jiee - National Bureau of Economic Research - 2022

We investigate whether Donald Trump's "Chinese Virus" tweets contributed to the rise of anti-Asian incidents. We find that the number of incidents spiked following Trump's initial "Chinese Virus" tweets and the subsequent dramatic rise in internet search activity for the phrase....

Persistent link: https://www.econbiz.de/10013435150

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