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This paper examines the impact of technological innovation on the role of labor within listed manufacturing companies during China's final stage of industrialization, from a factor input structure perspective. Leveraging a balanced panel dataset from 2012-2021, we find that the rising R&D...
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We show that U.S. state-level Employment Non-Discrimination Acts (ENDAs) — laws that prohibit discrimination based on sexual orientation and gender identity — spur innovation. We find a significant increase in patents and patent citations for firms headquartered in states that have passed...
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We identify a positive causal effect of healthy working environments on corporate innovation, using the staggered passage of U.S. state-level smoke-free laws that ban smoking in workplaces. We find a significant increase in patents and patent citations for firms headquartered in states that have...
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We compare innovation strategies of public and private firms based on a large sample over the period 1997-2008. We find that public firms' patents rely more on existing knowledge, are more exploitative, and are less likely in new technology classes, while private firms' patents are broader in...
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