Tag Archives: patents

Technological Innovation, Resource Allocation, and Growth

From Leonid Kogan, Dimitris Papanikolaou, Amit Seru, Noah Stoffman: We explore the role of technological innovation as a source of economic growth by constructing direct measures of innovation at the firm level. We combine patent data for US firms from 1926 … Continue reading

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The Effect of U.S. Health Insurance Expansions on Medical Innovation

Here’s an interesting recent paper by Jeff Clemens on the effect of health insurance expansions on medical innovation. Abstract: I study the effect of health insurance expansions on medical innovation. Innovation by practitioners creates important roles for local patient flows and payment … Continue reading

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Do fixed patent terms distort innovation? Evidence from cancer clinical trials

A new paper from Heidi Williams, Eric Budish, and Benjamin N. Roin: ABSTRACT: Patents award innovators a fixed period of market exclusivity, e.g., 20 years in the United States. Yet, since in many industries firms file patents at the time of discovery … Continue reading

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