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(Co-)Working in Close Proximity : Knowledge Spillovers and Social Interactions
Roche, Maria P.; Oettl, Alexander; Catalini, Christian - National Bureau of Economic Research - 2022
We examine the influence of physical proximity on between-startup knowledge spillovers at one of the largest technology co-working hubs in the United States. Relying on the random assignment of office space to the hub's 251 startups, we find that proximity positively influences knowledge...
Persistent link: https://www.econbiz.de/10013334339
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Of Academics and Creative Destruction : Startup Advantage in the Process of Innovation
Kolev, Julian; Haughey, Alexis; Murray, Fiona E. S.; … - National Bureau of Economic Research - 2022
What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … ventures in the innovation process relative to more traditional alternatives such as academia and established private … generate predictions related to the value and impact of startup innovation. We then explore these predictions using patents …
Persistent link: https://www.econbiz.de/10013362016
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Funding Black High-Growth Startups
Cook, Lisa D.; Marx, Matt; Yimfor, Emmanuel - National Bureau of Economic Research - 2022
We analyze determinants of access to venture capital for Black founders of high-growth startups. We combine image- and name-processing algorithms with clerical review to identify race for over 100,000 startup founders "at risk" for venture funding. Black founders raise roughly one-third as much...
Persistent link: https://www.econbiz.de/10013462730
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Partisan Entrepreneurship
Engelberg, Joseph; Guzman, Jorge; Lu, Runjing; Mullins, … - National Bureau of Economic Research - 2022
Republicans start more firms than Democrats. In a sample of 40 million party-identified Americans between 2005 and 2017, we find that 6% of Republicans and 4% of Democrats become entrepreneurs. This partisan entrepreneurship gap is time-varying: Republicans increase their relative...
Persistent link: https://www.econbiz.de/10013334466
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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
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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 …-based aggregate innovation index, declines by up to 9 percent in the following 2 to 4 years. Based on previous estimates of the … sensitivity of output to innovation activities, these magnitudes imply that output could be 1 percent lower after another 5 years …
Persistent link: https://www.econbiz.de/10014372455
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Innovation and Appropriability : Revisiting the Role of Intellectual Property
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
from innovation. In this paper, we revisit that question using a nationally representative sample of firms over the period … of the economics of innovation. There are five main findings. First, while patenting firms are relatively uncommon in the … differences in the type of R&D or innovation produced by a firm. We also discuss the implications of these findings for innovation …
Persistent link: https://www.econbiz.de/10014322815
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Where Have All the "Creative Talents" Gone? Employment Dynamics of US Inventors
Akcigit, Ufuk; Goldschlag, Nathan - National Bureau of Economic Research - 2023
entrant or incumbent firm. If the inventor works for the entrant the innovation is implemented and the entrant displaces the …
Persistent link: https://www.econbiz.de/10014248003
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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 … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …
Persistent link: https://www.econbiz.de/10013435165
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The NBER Orange Book Dataset : A User's Guide
Durvasula, Maya; Hemphill, C. Scott; Ouellette, Lisa … - National Bureau of Economic Research - 2022
regulatory exclusivity that prevents competitive entry. We summarize the Orange Book's coverage and discuss the opportunities and …
Persistent link: https://www.econbiz.de/10013462677