James Bessen, Stephen Michael Impink, Lydia Reichensperger, and Robert Seamans
New research on the impact of the European Union’s General Data Protection Regime (“GDPR”) and data regulation on AI startups using unique survey data of commercial AI startups.
Joowon Kim
New research examining spillover effects of state funding of public universities, including increased innovation and entrepreneurial activity.
James Bessen and Cesare Righi
New research on the effects of large IT investments on employment and productivity.
Nicolas Crouzet, Apoorv Gupta, and Filippo Mezzanotti
A new study suggests that the Indian demonetization in 2016 spurred more rapid adoption of electronic payment systems.
James Bessen and Alessandro Nuvolari
A paper analyzing the diffusion of three technologies in the 19th century with policy implications for today.
James Kossuth and Robert Seamans in Harvard Business Review
James Bessen testified before the FTC, October 24, 2018.
Kristina McElheran cited in Harvard Business Review
David Autor and Anna Salomons
While many technological innovations replace workers with machines, what effect does that have on overall employment and productivity? This paper explores automation’s impact on total employment and aggregate demand.
Iain Cockburn, Rebecca Henderson, and Scott Stern.
Can artificial intelligence serve as a new general-purpose “method of invention” that can reshape the nature of the innovation process and the organization of R&D? Research suggests that this may lead to a significant substitution away from more routinized labor-intensive research towards research that takes advantage of the interplay between passively generated large datasets and enhanced prediction algorithms. The authors suggest that policies which encourage transparency and sharing of core datasets across both public and private actors may be critical tools for stimulating research productivity and innovation-oriented competition.