Sometimes obvious ideas work: if you want more technology, more science helps. In this episode I look at four episodes where science was increased and we can detect positive follow-on effects in related technology fields.
This podcast is an audio readthrough of the (initial version of the) article "More science leads to more innovation", published on New Things Under the Sun.
Articles mentioned:
Roach, Michael, and Wesley M. Cohen. 2012. Lens or Prism? Patent Citations as a Measure of Knowledge Flows from Public Research. Management Science 59(2): iv-527. https://doi.org/10.1287/mnsc.1120.1644
Marx, Matt, and Aaron Fuegi. 2020. Reliance on science: Worldwide front-page patent citations to scientific articles. Strategic Management Journal 41(9): 1572-1594. https://doi.org/10.1002/smj.3145
Iaria, Alessandro, Carlo Schwarz, and Fabian Waldinger. 2018. Frontier Knowledge and Scientific Production: Evidence from the Collapse of International Science. Quarterly Journal of Economics: 927-991. https://doi.org/10.1093/qje/qjx046
Arora, Ashish, Sharon Belenzon, and Jungkyu Suh. 2021. Science and the Market for Technology. NBER Working Paper 28534.
Tabakovic, Haris, and Thomas G. Wollmann. 2019. The impact of money on science: Evidence from unexpected NCAA football outcomes. Journal of Public Economics 178: 104066. https://doi.org/10.1016/j.jpubeco.2019.104066
Azoulay, Pierre, Joshua S. Graff Zivin, Danielle Li, and Bhaven N. Sampat. 2019. Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules. Review of Economic Studies 86(1): 117-152. https://doi.org/10.1093/restud/rdy034