Showing 1 - 10 of 464
reveals that although easier access to scientific articles might facilitate commercialization, this benefit accrues primarily … and patent citations or by predicted probabilities of commercialization derived from deep-learning algorithms …
Persistent link: https://www.econbiz.de/10014322704
Building on recent advances in the literature on knowledge creation and innovation (notably Carnehl and Schneider (2025), we propose a novel general equilibrium model that explicitly incorporates artificial intelligence (AI) as a decision-enhancing technology capable of interpolating between...
Persistent link: https://www.econbiz.de/10015421857
Which factors shape the commercialization of academic scientific discoveries via startup formation? Prior literature … precisely examine characteristics that predict startup commercialization. In this framework, several commonly-accepted factors … appear not to influence commercialization. However, we find that teams of academic scientists whose former collaborators …
Persistent link: https://www.econbiz.de/10012482422
Does capital accumulation increase labor demand and wages? Neoclassical production functions, where capital and labor are q-complements, ensure that the answer is yes, so long as labor markets are competitive. This result critically depends on the assumption that capital accumulation does not...
Persistent link: https://www.econbiz.de/10014512044
We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...
Persistent link: https://www.econbiz.de/10014372481
We examine innovative contexts like scientific research or technical R&D where agents must search across many potential projects of varying and uncertain returns. Is it better to possess incomplete but accurate data on the value of some projects, or might there be cases where it is better to...
Persistent link: https://www.econbiz.de/10014544680
The aim of this paper is twofold. First, it investigates how the characteristics of a research team relate to the probability of generating a novel article. Second, once a novel article has been generated, it investigates the moderating effects of the team's characteristics on the impact of the...
Persistent link: https://www.econbiz.de/10015094906
Underrepresentation of minority and poor households in scientific studies undermines policy decisions and public health. We study data from a serological study that randomized participation incentives. Participation is low (6% at $0, 17% at $100, 29% at $500) and unequal: minority and poor...
Persistent link: https://www.econbiz.de/10013537774
During World War II, the U.S. Committee on Medical Research (CMR) undertook an integrated, cross-sectoral effort to develop medical science and technology for war, representing the U.S. government's first substantial investment in medical research. Using data on all CMR research contracts, we...
Persistent link: https://www.econbiz.de/10015326451
We quantify the private returns to government R&D contracts awarded to firms. We present new evidence that R&D contracts not only finance innovation but also embed an implicit government guarantee of noncompetitive future procurement for the winning R&D contractor. We measure its private value...
Persistent link: https://www.econbiz.de/10015409913