Tag Archives: RD

Public R&D Investments and Private Sector Patenting: Evidence from NIH Funding Rules

From Pierre Azoulay, Joshua Graff-Zivin, Danielle Li, and Bhaven Sampat: This paper measures the impact of public R&D investments on innovation by private sector firms. We quantify the returns to grant spending at the National Institutes of Health (NIH) in … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Do Tax Credits Stimulate R&D Spending? The Effect of the R&D Tax Credit in its First Decade

From Nirupama Rao: This paper examines the impact of the R&D tax credit between 1981-1991 using confidential IRS data from corporate tax returns. The key advances on previous work are an instrumental variables strategy based on tax law changes that addresses … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

State Incentives for Innovation, Star Scientists and Jobs: Evidence from Biotech

From Enrico Moretti and Dan Wilson: We evaluate the effects of state-provided financial incentives for biotech companies, which are part of a growing trend of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Punishment Severity & Criminal Activity

Here’s an interesting paper by Benjamin Hansen on punishment severity and deterrence. I exploit discrete thresholds that determine both the current as well potential future punishments for first-time and repeat offenders. Specifically, in WA a blood alcohol content (BAC) measured above … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment