The extent to which geographic distance is a barrier to technological knowledge transfer is of interest to governments of countries distant from centers of knowledge creation or technology production; to entrepreneurs deciding where to locate a new firm that will need to remain abreast of technological developments; and to national or local policy-makers seeking to influence the decisions of such entrepreneurs.
By David Autor, Caroline Chin, Anna Salomons, Bryan Seegmiller
Technological change transforms economies and labor markets, reshaping the types of jobs that are available, the wages they pay, and the skills they require.
Economists generally view innovation as the most significant driver of long-run productivity growth. In their new working paper, Filippo Mezzanotti and Tim Simcoe study how firms capture the benefits of innovation using survey data collected by the US Census between 2008 and 2015.
James Bessen, TPRI Executive Director’s, new article “How Software Stifles Competition and Innovation” in Communications of the ACM, Volume 66, Issue 10, October 2023 pp 34–36.
Timothy Simcoe, TPRI Faculty Director and Filippo Mezzanotti’s research cited in Kellogg Insight, Kellogg School of Management, Northwestern University, August 3, 2023.
IG Farben used to be the world’s largest chemical company and a major innovator – until it was broken up in one of the largest antitrust events in history.