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来源类型Working Paper
规范类型报告
DOI10.3386/w20922
来源IDWorking Paper 20922
New Ideas in Invention
Mikko Packalen; Jay Bhattacharya
发表日期2015-02-02
出版年2015
语种英语
摘要A key decision in research is whether to try out new ideas or build on more established ideas. In this paper, we evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for invention, their adoption as research inputs in the invention process promotes technological progress. The gains from pursuing such innovative research paths may, however, be very limited as new ideas are often initially raw and poorly understood. We determine idea inputs in invention based on the text of nearly every US patent granted during 1836–2010. We find that inventions that build on new ideas early are more likely to spur subsequent invention than inventions that rely on ideas of older vintage. Our results are important because they suggest a benefit from encouraging and supporting innovative research that tries out new ideas — avoiding stagnation in technological advance.
主题Health, Education, and Welfare ; Health ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w20922
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578596
推荐引用方式
GB/T 7714
Mikko Packalen,Jay Bhattacharya. New Ideas in Invention. 2015.
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