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  1. The interdisciplinarity dilemma: public versus private interests
    Erschienen: [2021]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    In this paper, we investigate how the choice to conduct interdisciplinary work affects a researcher's career. Using data on 23,926 articles published by 6,105 researchers affiliated with the University of Florida in the period 2008-2013, we show that... mehr

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    In this paper, we investigate how the choice to conduct interdisciplinary work affects a researcher's career. Using data on 23,926 articles published by 6,105 researchers affiliated with the University of Florida in the period 2008-2013, we show that synthesizing knowledge from diverse fields pays off in terms of reputation. However, if combining too-distant research fields, the impact of a work is penalized. Moreover, research conducted balancing the contribution of different scientific fields has a negative impact on the reputation of scientists in terms of the number of citations but a positive impact on the diffusion of knowledge across other disciplines. Our findings are robust to a number of controls, including individual, time, and field of study fixed effects, and they apply to all investigators regardless of their gender, collaboration behavior, performance, and affiliation. All in all, despite its public benefits, interdisciplinary research comes with a cost for a researcher's academic career. This trade-off poses challenging questions to policymakers.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/247303
    Schriftenreihe: LEM working paper series ; 2021, 34 (October 2021)
    Schlagworte: Interdisciplinarity; Research Policy; Academic Career; Generality; Incentives; Citations
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  2. The direction of technical change in AI and the trajectory effects of government funding
    Erschienen: [2021]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    Government funding of innovation can have a significant impact not only on the rate of technical change, but also on its direction. In this paper, we examine the role that government grants and government departments played in the development of... mehr

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    Government funding of innovation can have a significant impact not only on the rate of technical change, but also on its direction. In this paper, we examine the role that government grants and government departments played in the development of artificial intelligence (AI), an emergent general purpose technology with the potential to revolutionize many aspects of the economy and society. We analyze all AI patents filed at the US Patent and Trademark Office and develop network measures that capture each patent's influence on all possible sequences of follow-on innovation. By identifying the effect of patents on technological trajectories, we are able to account for the long-term cumulative impact of new knowledge that is not captured by standard patent citation measures. We show that patents funded by government grants, but above all patents filed by federal agencies and state departments, profoundly influenced the development of AI. These long-term effects were especially significant in early phases, and weakened over time as private incentives took over. These results are robust to alternative specifications and controlling for endogeneity.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/259536
    Schriftenreihe: LEM working paper series ; 2021, 41 (November 2021)
    Schlagworte: R&D; Technical change; Government subsidies; Technology policy; General purpose technology
    Umfang: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  3. A numerical revolution
    the diffusion of practical mathematics and the growth of pre-modern European economies
    Erschienen: [2022]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    The accumulation of knowledge and its application to a variety of human needs is a discontinuous process that involves innovation and change. While much has been written on major discontinuities associated, for instance, with the rise of new... mehr

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    The accumulation of knowledge and its application to a variety of human needs is a discontinuous process that involves innovation and change. While much has been written on major discontinuities associated, for instance, with the rise of new technologies during industrial revolutions, other phases of economic development are less well understood, even though they might bring into even sharper focus the mechanisms through which growth is generated by the systematic application of human knowledge to practical problems. In this paper, we investigate the transmission of new mathematical knowledge from the 13th to the end of the 16th century in Europe. Using an original dataset of over 1050 manuals of practical arithmetic, we produce new descriptive and quasi-experimental evidence on the economic importance of the European transition from Roman to Hindu-Arabic numerals (0, 1, 2, 3, 4, 5, 6, 7, 8, 9). This numerical revolution laid the foundations for the commercial revolution of the 13th century, and the diffusion of knowledge through organised learning had positive and significant effects on the growth of pre-modern European economies.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/266088
    Schriftenreihe: LEM working paper series ; 2022, 18 (June 2022)
    Schlagworte: Human capital; knowledge diffusion; learning; economic growth
    Umfang: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  4. The knowledge complexity of the European metropolitan areas
    selecting and clustering their hidden features
    Erschienen: [2022]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    Cities are key places of economic activity, as they produce an enormous amount of wealth compared to the land they cover. Their study is, therefore, of primary importance in understanding the success of nations. Given the many interactions among... mehr

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    Cities are key places of economic activity, as they produce an enormous amount of wealth compared to the land they cover. Their study is, therefore, of primary importance in understanding the success of nations. Given the many interactions among people that happen within them, cities are well described as complex evolving systems, and a thorough analysis of their economy should be able to deal with this complexity. A likely candidate to grasp the reality of complex evolving systems, such the economy of cities, is the Economic Complexity framework (Hidalgo and Hausmann, 2009), given its capacity to synthesize a large amount of informa- tion into a single index. We use patent data to compute the knowledge complexity index (KCI) of European metropolitan areas and describe their economy in terms of their innovative potential. Interpreted as a dimensionality-reduction algorithm, as proposed by Mealy et al. (2019), KCI helps to filter out the background noise from the abundant information produced by the interactions that happen within cities. By extending the work by van Dam et al. (2021), we highlight the relevance of going beyond the first leading eigenvector, to the analysis of which the rest of the literature is limited. We define clusters of similar cities, based on the additional dimensions obtained through this dimensionality-reduction procedure. The introduction of clusters dramatically increases the predicting power of KCI. Under this lens, the Economic Complexity framework is more than a single index: it is a powerful methodology to reveal the organized complexity hidden behind the large amount of chaotic information produced by out-of-equilibrium economic systems such as cities.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: LEM working paper series ; 2022, 38 (December 2022)
    Schlagworte: Economic Complexity; Labor Productivity; Metropolitan Areas; Dimensionality Reduction; Clustering
    Umfang: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  5. Technological diversification and the growth of regions in the short and long run
    Erschienen: [2023]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    We study the effects of different types of technological diversification on the performance of regional economies. We focus on the relatedness and unconventionality of technological capabilities as drivers of GDP and employment growth. Using economic... mehr

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    We study the effects of different types of technological diversification on the performance of regional economies. We focus on the relatedness and unconventionality of technological capabilities as drivers of GDP and employment growth. Using economic indicators from Eurostat regional statistics and patent records from the European Patent Office (EPO) PATSTAT and the OECD RegPat databases, we estimate Panel Vector Autoregression models and generate Impulse Response Functions to assess to what extent and with what persistence relatedness and unconventionality affect growth. Our findings, which have implications for place-based innovation policies, reveal that technological relatedness has short-term effects on employment growth and negative effects on GDP growth, whereas technological unconventionality has a long-lasting positive impact on GDP growth and no effect on employment growth.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: LEM working paper series ; 2023, 46 (December 2023)
    Schlagworte: Technological capabilities; Diversification; Relatedness; Unconventionality; Innovation; Regional development
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen