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Robots, meaning, and self-determination Res. Policy (IF 9.473) Pub Date : 2024-03-12 Milena Nikolova, Femke Cnossen, Boris Nikolaev
This paper is the first to examine the impact of robotization on work meaningfulness, autonomy, competence, and relatedness, which are essential to motivation and well-being at work. Using surveys of workers and robotization data for 14 industries in 20 European countries spanning 2005–2021, we find a consistent negative impact of robotization on perceived work meaningfulness and autonomy. Using instrumental
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Financial market integration and the effects of financing constraints on innovation Res. Policy (IF 9.473) Pub Date : 2024-03-07 David Heller
This paper investigates the effects of financial market integration on firm-level external debt financing and subsequent inventive activities. To this end, I exploit the implementation of the Financial Services Action Plan (FSAP) as a positive exogenous shift integrating European banking markets during the 2000s. My findings show that higher integration relaxes financing constraints, with significant
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Boundary-spanning technology search, product component reuse, and new product innovation: Evidence from the smartphone industry Res. Policy (IF 9.473) Pub Date : 2024-02-23 Kyung Yul Lee, Hyun Ju Jung, Youngsun Kwon
We investigate how two experiences of technology search and product component reuse singly and jointly drive firms to generate subsequent new product innovations. We conceptualize fine-grained types of product component reuse based on whether product components are reused for the first time or multiple times and are introduced internally or externally. Our baseline hypothesis is that firms' boundary-spanning
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Mentored without incubation: Start-up survival, funding, and the role of entrepreneurial support organization services Res. Policy (IF 9.473) Pub Date : 2024-02-23 Paige Clayton
This paper asks how start-ups' participation in a mentoring program relates to finance and survival outcomes and how these outcomes differ for mentored firms compared to non-mentored and incubated firms in the same region. Drawing on the entrepreneurial support organization, mentoring, and innovation literatures, I posit that mentored firms will perform better than non-mentored firms, and that the
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How technoscientific knowledge advances: A Bell-Labs-inspired architecture Res. Policy (IF 9.473) Pub Date : 2024-02-21 Venkatesh Narayanamurti, Jeffrey Y. Tsao
Understanding how science and technology advance has long been of interest to diverse scholarly communities. Thus far, however, such understanding has not been easy to map to, and thus to improve, the operational practice of research and development. Indeed, one might argue that the operational practice of research and development, particularly its exploratory research half, has become effective in
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Profiting from innovation when digital business ecosystems emerge: A control point perspective Res. Policy (IF 9.473) Pub Date : 2024-02-14 René Bohnsack, Michael Rennings, Carolin Block, Stefanie Bröring
The digital transformation of industrial-age sectors changes product architectures and industry architectures, influencing how value is created and captured in emerging digital business ecosystems. In the industrial era, products were designed around modular architectures and complementary assets, and bottlenecks determined who profits from innovation. In the digital era, products emerge on a layered
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Green technological diversification: The role of international linkages in leaders, followers and catching-up countries Res. Policy (IF 9.473) Pub Date : 2024-02-09 Nicoletta Corrocher, Simone Maria Grabner, Andrea Morrison
To promote a more environmentally sustainable economy, countries need to broaden their innovation activities to include green technologies. In this process, the increasing global interconnectedness and internationalisation of innovative activities underlines the growing importance of external knowledge linkages. This paper examines how different categories of countries - technological leaders, catching-up
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The effects of foreign entry on local innovation by entry mode Res. Policy (IF 9.473) Pub Date : 2024-02-07 Giacomo Damioli, Giovanni Marin
This paper studies the potentially heterogeneous effects that innovative asset-seeking foreign direct investments (FDIs) pursued through different entry modes have on the technological innovation of receiving economies. The analysis covers a balanced panel of European regions receiving FDIs between 2003 and 2016, and accounts for the endogeneity of FDI inflows by means of an instrumental variable approach
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Network pathways of peripheral firm entry: Empirical evidence from the global airline industry Res. Policy (IF 9.473) Pub Date : 2024-02-07 Leonardo Corbo, Raffaele Corrado, Simone Ferriani
Previous research on interfirm collaboration indicates that networks tend to be structurally stable due to path dependence and embedded firms' incentives to preserve their positional advantages. As a result, industry networks often resemble a core-periphery structure where peripheral firms seem to have little or no opportunity to access the core. Yet, under certain conditions, peripheral firms do manage
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Reluctance to pursue breakthrough research: A signaling explanation Res. Policy (IF 9.473) Pub Date : 2024-02-06 Damien Besancenot, Radu Vranceanu
The current state of scientific research is disappointing due to the lack of significant breakthroughs, despite an ever-increasing number of publications and substantial resources invested in R&D activities. This paper proposes a signaling model as a complementary explanation to this phenomenon. If managers of research institutions can observe publications but are unable to observe breakthrough innovations
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Technologically related diversification: One size does not fit all European regions Res. Policy (IF 9.473) Pub Date : 2024-02-05 Javier Barbero, Olga Diukanova, Carlo Gianelle, Simone Salotti, Artur Santoalha
Building on the case of European Union (EU) regions, we study the macroeconomic impact of related diversification. We use an indicator of technological related variety in combination with stochastic frontier estimation and a well-established general equilibrium model to assess the rationale for related diversification and to understand the relevance of different region-specific policies. The results
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Linguistic distance to English impedes research performance Res. Policy (IF 9.473) Pub Date : 2024-02-05 Yihui Cao, Robin C. Sickles, Thomas P. Triebs, Justin Tumlinson
Today, scientific knowledge is predominantly disseminated in English. We show that global universities’ research performance, as measured by publications in top journals, declines as the differences between their local language and English increase. This effect is robust to controls for university factors like proportion of international staff and faculty-to-student ratio, as well as country-level
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The great divergence(s) Res. Policy (IF 9.473) Pub Date : 2024-01-31 Giuseppe Berlingieri, Patrick Blanchenay, Chiara Criscuolo
This paper provides new evidence on the increasing dispersion in wages and productivity using a unique micro-aggregated firm-level data source, representative for the full population of firms in 12 countries. First, we document an increase in wage and productivity dispersions, for both manufacturing and market services, and show that the increase is mainly driven by the bottom of the wage and productivity
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Evaluating the principle of relatedness: Estimation, drivers and implications for policy Res. Policy (IF 9.473) Pub Date : 2024-02-02 Yang Li, Frank M.H. Neffke
A growing body of research documents that the size and growth of an industry in a location depends on how much related activity is found there. This fact is commonly referred to as the “principle of relatedness”. However, there is no consensus on why we observe the principle of relatedness, how to best operationalize it empirically or how this empirical regularity can help inform local industrial policy
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Style and quality: Aesthetic innovation strategy under weak appropriability Res. Policy (IF 9.473) Pub Date : 2024-02-01 Kenny Ching, Enrico Forti, Spyridon Katsampes, Kostantinos Mammous
Counterfeiting challenges firms to capture the value created by product innovation. We characterize style and quality as key dimensions of product innovation strategy in contexts where aesthetic attributes drive product success. We examine distinct aesthetic innovation strategies that firms may use to innovate their existing products — developing new style variants, using higher quality attributes
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Are they coming for us? Industrial robots and the mental health of workers Res. Policy (IF 9.473) Pub Date : 2024-02-01 Ana Lucia Abeliansky, Matthias Beulmann, Klaus Prettner
How does the increasing use of robots affect the mental health of workers? To investigate this question, we combine individual mental health data from the German Socioeconomic Panel with data on the stock of robots in 14 manufacturing sectors provided by the International Federation of Robotics for the period 2002–2018. Using mediation analysis and an instrumental variable approach, we find that higher
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From GitHub to GDP: A framework for measuring open source software innovation Res. Policy (IF 9.473) Pub Date : 2024-01-26 Gizem Korkmaz, J. Bayoán Santiago Calderón, Brandon L. Kramer, Ledia Guci, Carol A. Robbins
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The missing middle: Value capture in the market for startups Res. Policy (IF 9.473) Pub Date : 2024-01-23 Ashish Arora, Andrea Fosfuri, Thomas Rønde
We argue that innovations that involve both upstream (technological) and downstream (commercialization) challenges are disadvantaged in a startup-based innovation system where startups develop inventions, while incumbents acquire startups. We propose an analytical model in which startups are more efficient at solving technological challenges and incumbents are more efficient at solving commercialization
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The impact of robot adoption on global sourcing Res. Policy (IF 9.473) Pub Date : 2024-01-21 Akin A. Cilekoglu, Rosina Moreno, Raul Ramos
This paper studies the impact of robot adoption on firms’ global sourcing activities. Using a rich panel dataset of Spanish manufacturing firms, we investigate how outsourcing and vertically integrated firms changed their sourcing strategies in response to robot adoption. We find that robots increased intermediate input purchases from foreign suppliers while did not affect intermediate input purchases
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Countries' research priorities in relation to the Sustainable Development Goals Res. Policy (IF 9.473) Pub Date : 2024-01-19 Hugo Confraria, Tommaso Ciarli, Ed Noyons
We analyse how countries' research priorities align with their greatest Sustainable Development Goals (SDGs) challenges and whether misalignments are worse in certain SDGs. Employing a novel method, we identify research related to an SDG by examining research areas in WoS with a higher share of publications containing text related to SDG policy outlets. Then, we use the SDG indicators to create a new
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Miss or match? The impact of PhD training on job market satisfaction Res. Policy (IF 9.473) Pub Date : 2024-01-18 Cornelia Lawson, Cindy Lopes-Bento
Job satisfaction is vital to being productive and to contribute to society. This paper adds to our current understanding of the job market for academics by investigating job satisfaction of PhD holders leaving academia for the private or non-academic public sector (government, public administration) compared to those who remain in university or public research center positions. We investigate whether
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Technology transfer challenges in asymmetric alliances between high-technology and low-technology firms Res. Policy (IF 9.473) Pub Date : 2024-01-17 Christopher Simms, Johan Frishammar
Low-technology firms face an increasingly disruptive innovation landscape as new legislation and changing market demands force them to dramatically reduce emission levels to become more sustainable. However, successfully developing and implementing sustainable technologies frequently presupposes alliances between low-technology firms (such as process industry companies) and high-tech firms (such as
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Focusing the ecosystem lens on innovation studies Res. Policy (IF 9.473) Pub Date : 2024-01-15 Carliss Y. Baldwin, Marcel L.A.M. Bogers, Rahul Kapoor, Joel West
For nearly a century, the key role of innovation in economic growth has been acknowledged and studied. Today, innovations are increasingly understood as being embedded in ecosystems of autonomous actors, whether firms, other organizations, or individuals. These actors contribute in complementary ways to create a value proposition that is greater than the sum of the parts, with the integration of their
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The governance of artificial intelligence: Harnessing opportunities and mitigating challenges Res. Policy (IF 9.473) Pub Date : 2024-01-13 Maarten Goos, Maria Savona
Abstract not available
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Digitalization and resilience Res. Policy (IF 9.473) Pub Date : 2024-01-11 Alexander Copestake, Julia Estefania-Flores, Davide Furceri
This paper investigates the role of digitalization in improving economic resilience. Using balance sheet data from 24,000 firms in 75 countries, and a difference-in-differences approach, we find that firms in industries that are more digitalized experience lower revenue losses following recessions. Early data since the outbreak of the COVID-19 pandemic suggest an even larger effect during the resulting
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Digital activism to achieve meaningful institutional change: A bricolage of crowdsourcing, social media, and data analytics Res. Policy (IF 9.473) Pub Date : 2024-01-09 Vitali Mindel, Robert E. Overstreet, Henrik Sternberg, Lars Mathiassen, Nelson Phillips
Researchers have examined the impact of information and communication technology (ICT) on activism, finding that ICT improves connectivity, mobilization, and identity formation. However, such digital activism has been criticized for often failing to move beyond venting anger during the initial mobilization efforts. To better understand what makes digital activism more likely to generate meaningful
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The technological imprinting of educational experiences on student startups Res. Policy (IF 9.473) Pub Date : 2024-01-04 Margaret Dalziel, Nada Basir
The literature suggests that the startups of de novo entrepreneurs are disadvantaged, but many of the world's leading firms have been founded by students and recent graduates. We hypothesize that academic and industry-based educational experiences shape the innovative activity of student startups and use patent data to measure technological proximity between the patent portfolios of influencers and
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Toward scientific collaboration: A cost-benefit perspective Res. Policy (IF 9.473) Pub Date : 2023-12-29 Leyan Wu, Fan Yi, Yi Bu, Wei Lu, Yong Huang
This paper explores the factors influencing scientists' persistent collaboration. More specifically, we employ Social Exchange Theory to examine the relationship between scholars' prior collaborative experiences and their subsequent collaborative behavior. Integrated with Cost-Benefit Theory, this study utilizes a comprehensive cost-benefit framework to deconstruct the elements affecting collaboration
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Beyond the good and the right: Rethinking the ethics of academic entrepreneurship from a relational perspective Res. Policy (IF 9.473) Pub Date : 2023-12-29 Nuria Toledano, Juan D. Gonzalez-Sanz
This paper critically reviews the ethical resonance of the academic entrepreneurship (AE) phenomenon in light of contemporary concerns about ethics and responsibility in public engagements with science, technology and the commercialisation of technological discoveries through the creation of university spin-offs. In this context, we address the question of how we can know when we may consider AE as
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Regulating entrepreneurship quality and quantity Res. Policy (IF 9.473) Pub Date : 2023-12-28 Audretsch B. David, Belitski Maksim, Chowdhury Farzana, Desai Sameeksha
How does regulation affect entrepreneurship outcomes? We examine the effect of two regulatory policy mechanisms—costs and procedures—on entrepreneurship quality and quantity. Based on the national systems of entrepreneurship perspective, we apply public interest and public choice theories to hypothesize how regulatory costs and regulatory procedures can affect entrepreneurship quality and quantity
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Wolves at the door to the unknown: Innovation search and hedge fund activism Res. Policy (IF 9.473) Pub Date : 2023-12-26 Fenglong Xiao, Yinjie Shen
In this paper, we develop and test a theory of how a firm's tradeoff between exploitation and exploration as alternative knowledge search strategies in innovation activities shapes the incidence of hedge fund activism as a consequential organizational phenomenon. In an analysis of U.S.-listed chemical companies between 2001 and 2018, we find that firms with a stronger commitment to exploration relative
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Are intellectual property rights working for society? Res. Policy (IF 9.473) Pub Date : 2023-12-22 Carolina Castaldi, Elisa Giuliani, Margaret Kyle, Alessandro Nuvolari
Intellectual property rights (IPRs) play a key role in increasingly intangible economies. At the same time IPR systems are facing a profound legitimacy crisis, as scholars have unveiled perverse mechanisms and strategic practices that can severely hinder their expected societal returns. In this introduction to the Special Issue, we provide an overview of the key debates and the recent evidence on the
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The impact of early debut on scientists: Evidence from the Young Scientists Fund of the NSFC Res. Policy (IF 9.473) Pub Date : 2023-12-20 Wanshu Zhang, Xuefeng Wang, Hongshu Chen, Jia Liu
Early career funding is usually the first prestigious funding young scientists receive, allowing them to make their debut on a nationally recognised foundation. In this study, we examined the impact of an early debut on young scientists' research productivity. First-movers and late-comers are distinguished based on the years between the first application to the final award of early career funding.
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Geography of authorship: How geography shapes authorship attribution in big team science Res. Policy (IF 9.473) Pub Date : 2023-12-22 Jarno Hoekman, Bastian Rake
The steady growth of large geographically dispersed research projects challenges existing norms for authorship attribution and has raised concerns over global inequalities in authorship opportunities. This paper therefore examines how geography plays a role in authorship attribution to local researchers that contribute to large scientific teams from various cities across the globe. We develop theory
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Skill mismatch and the costs of job displacement Res. Policy (IF 9.473) Pub Date : 2023-12-22 Frank Neffke, Ljubica Nedelkoska, Simon Wiederhold
Establishment closures have lasting negative consequences for the workers displaced from their jobs. We study how these consequences vary with the amount of skill mismatch that workers experience after job displacement. Developing new measures of occupational skill redundancy and skill shortage, we analyze the work histories of individuals in Germany between 1975 and 2010. We estimate difference-in-differences
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External review letters in academic promotion and tenure decisions are reflective of reviewer characteristics Res. Policy (IF 9.473) Pub Date : 2023-12-21 Juan M. Madera, Christiane Spitzmueller, Heyao Yu, Ebenezer Edema-Sillo, Mark S.F. Clarke
We examine validity and bias in external review letters (ERLs) in academic settings. ERLs play a critical role in promotion and tenure (P&T) decisions across the globe, ending careers in some cases while allowing other scientists' careers to flourish. We coded and analyzed 995 ERLs submitted by letter writers at various institutions as part of the P&T portfolios of 195 candidates at an R1 university
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The interdependent influence of lobbying and intellectual capital on new drug development Res. Policy (IF 9.473) Pub Date : 2023-12-22 Vareska Van De Vrande, Annapoornima M. Subramanian, Moren Lévesque, Patricia Klopf
Pharmaceutical firms are top lobbying spenders in the United States (US). While the potential benefits of lobbying are recognized in the literature, the criticism against unethical aspects of lobbying warrants pharmaceutical firms to strategize their lobbying activities. Our study addresses the question “How does a pharmaceutical firm's resource allocation decision toward lobbying activities (and other
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The value and structuring role of web APIs in digital innovation ecosystems: The case of the online travel ecosystem Res. Policy (IF 9.473) Pub Date : 2023-12-15 Roser Pujadas, Erika Valderrama, Will Venters
Interfaces play a key role in facilitating the integration of external sources of innovation and structuring ecosystems. They have been conceptualized as design rules that ensure the interoperability of independently produced modules, with important strategic value for lead firms to attract and control access to complementary assets in platform ecosystems. While meaningful, these theorizations do not
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Epidemic effects in the diffusion of emerging digital technologies: evidence from artificial intelligence adoption Res. Policy (IF 9.473) Pub Date : 2023-12-11 Johannes Dahlke, Mathias Beck, Jan Kinne, David Lenz, Robert Dehghan, Martin Wörter, Bernd Ebersberger
The properties of emerging, digital, general-purpose technologies make it hard to observe their adoption by firms and identify the salient determinants of adoption. However, these aspects are critical since the patterns related to early-stage diffusion establish path-dependencies which have implications for the distribution of the technological opportunities and socio-economic returns linked to these
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Perceiving an entrepreneurial climate at universities: An inquiry into how academic entrepreneurs observe, use, and benefit from support mechanisms Res. Policy (IF 9.473) Pub Date : 2023-12-14 Andrea Greven, Thorsten Beule, Denise Fischer-Kreer, Malte Brettel
This article condenses a variety of entrepreneurship support mechanisms—formal and informal ones—and, more importantly, assesses touch points of university members who actually became entrepreneurs (i.e., academic entrepreneurs) with such support mechanisms. Specifically, we apply an individual-centric perspective and scrutinize to what extent academic entrepreneurs (i) observe, (ii) use, and (iii)
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From early curiosity to space wide web: The emergence of the small satellite innovation ecosystem Res. Policy (IF 9.473) Pub Date : 2023-12-11 Yue Song, Devi Gnyawali, Lihong Qian
Innovation ecosystems have gained significant scholarly and managerial attention. Much of the literature focuses on established ecosystems, and the limited research that examines ecosystem emergence does not dig deeper into the dynamics and challenges during the process of emergence. With a focus on the transition from birth to growth of an ecosystem, this paper fills this important gap by systematically
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Characterising innovation policy mixes in innovation systems Res. Policy (IF 9.473) Pub Date : 2023-12-01 David Howoldt
Along with the rising economic relevance, scope, and complexity of innovation policy, attention to the concept of the innovation policy mix has surged. Yet, knowledge about how innovation policy mixes relate to innovation systems is limited. Drawing on expert survey data on 4710 policies, this paper uses natural language processing to map innovation policy mixes and represent them as mixtures of 25
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Being together in place as a catalyst for scientific advance Res. Policy (IF 9.473) Pub Date : 2023-12-02 Eamon Duede, Misha Teplitskiy, Karim Lakhani, James Evans
The COVID-19 pandemic necessitated social distancing at every level of society, including universities and research institutes, raising essential questions concerning the continuing importance of physical proximity for scientific and scholarly advance. Using customized author surveys about the intellectual influence of referenced work on scientists' own papers, combined with precise measures of geographical
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Ecosystem disruption and regulatory positioning: Entry strategies of digital health startup orchestrators and complementors Res. Policy (IF 9.473) Pub Date : 2023-11-28 Alessio Cozzolino, Susi Geiger
Through a multiple case study of six digital startups in the healthcare ecosystem, we develop a framework of entry through innovation in a regulated ecosystem. The framework reveals the interplay of two dimensions that have not been examined in conjunction so far: 1) the degree of ecosystem disruption brought by the entrant's innovation; 2) the impact of regulation/policy on the entrant's innovation
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Hybrid governance of platform entrepreneurs Res. Policy (IF 9.473) Pub Date : 2023-11-23 Wesley W. Koo
Platform organizations have assumed an important role in the governance of millions of entrepreneurs. Powerful platforms play an internal gatekeeping role in governing the platform-dependent entrepreneurs, but the success of platform governance also depends on how those entrepreneurs respond to external governance regimes (e.g., governments and public agencies). We conducted a vignette experiment involving
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Copyright levies and cloud storage: Ex-ante policy evaluation with a field experiment Res. Policy (IF 9.473) Pub Date : 2023-11-24 Christian Peukert
Private copying exceptions in copyright law allow individuals to make personal copies without infringing on rights. Copyright levies aim to compensate rightsholders for resulting harm by making devices that enable copying subject to a surcharge. Notwithstanding that the welfare effects of levy schemes remain poorly understood, adaptations are frequently debated. This paper provides an ex-ante evaluation
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University patent litigation in the United States: Do we have a problem? Res. Policy (IF 9.473) Pub Date : 2023-11-22 Grazia Sveva Ascione, Laura Ciucci, Claudio Detotto, Valerio Sterzi
In an attempt to increase revenues from patenting activities, some universities have started in recent years to pursue “overzealous” strategies to monetize their existing patents, by selling them to the highest bidder and enforcing them in court. In this paper we find quantitative evidence that patent litigation has an adverse effect on university technology transfer activities, reinforcing prior findings
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Public sector innovation in a city state: exploring innovation types and national context in Singapore Res. Policy (IF 9.473) Pub Date : 2023-11-18 Emre Cinar, Mehmet Akif Demircioglu, Ahmet Coskun Acik, Chris Simms
The purpose of this study is to deepen our knowledge of the typology of public service innovation (PSI) and the role of national context within the context of Singapore, a less studied but highly pertinent context. To accomplish this, our study uses two different methodologies. First, we conduct a systematic review to understand the national context of Singapore. We then utilise Chen et al. (2020)
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The material basis of modern technologies. A case study on rare metals Res. Policy (IF 9.473) Pub Date : 2023-11-16 George Yunxiong Li, Andrea Ascani, Simona Iammarino
Scientific progress in many technologies exploits new materials. The unique properties of a wide range of Rare Metals (RMs) make them key inputs to achieve the functionality of emerging technologies. The speed of technological progress can therefore be influenced by the availability of necessary RM materials. This paper discusses these relations and provides a first exploratory empirical analysis of
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Reaching beyond low-hanging fruit: Basic research and innovativeness Res. Policy (IF 9.473) Pub Date : 2023-11-14 Marco Ceccagnoli, You-Na Lee, John P. Walsh
In this paper we examine the relationship between basic research and the innovativeness of innovations and how this relationship varies between internally- and externally-sourced innovations. In addition, building on Nelson's argument on the economics of basic research, we examine how the relation between basic research and innovativeness is conditioned by whether or not the firm is diversified and
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Managing multi-tiered innovation ecosystems Res. Policy (IF 9.473) Pub Date : 2023-11-08 Andreas Reiter, Joachim Stonig, Karolin Frankenberger
We study how orchestrators of innovation ecosystems govern their relationships with multiple heterogeneous complementors that differ in their positions and activities that contribute to an integrated value proposition. Prior research has focused on ecosystem-wide and complementor-specific governance, each not suited to adequately address the challenges of this context. Building on a multiple-case study
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The gender gap in PhD entrepreneurship: Why balancing employment in academia really matters Res. Policy (IF 9.473) Pub Date : 2023-11-04 Alessandro Muscio, Giovanna Vallanti
We use original data from a questionnaire survey of 9062 individuals enrolled in PhD programmes in Italy between 2008 and 2014 to conduct an empirical investigation of gender issues in PhD entrepreneurship. The analysis focuses on the influence of the gender balance among academics at the parent university, to measure the opportunities available to female students to engage with same-sex role models
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Externalities and complementarities in platforms and ecosystems: From structural solutions to endogenous failures Res. Policy (IF 9.473) Pub Date : 2023-11-04 Michael G. Jacobides, Carmelo Cennamo, Annabelle Gawer
Platforms and ecosystems provide structures for constellations of economic actors to engage and interact as they seek to create and capture value. We consider how the constructs of platforms and ecosystems relate and explore why they have become more ubiquitous by focusing on the nature of their value-add. We propose that they emerge as a response to distinct market failures, which we identify, and
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From product to platform: How incumbents' assumptions and choices shape their platform strategy Res. Policy (IF 9.473) Pub Date : 2023-11-04 Marc Van Dyck, Dirk Lüttgens, Kathleen Diener, Frank Piller, Patrick Pollok
Platform ecosystems have attracted a lot of attention as a new way of value creation and capture. In a longitudinal multi-case study, we compare the transformation efforts of two incumbents in the agricultural equipment industry between 2012 and 2021. We identify a set of interdependent choices incumbents make to adapt their model of value creation and capture toward a platform ecosystem. Based on
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A new dataset to study a century of innovation in Europe and in the US Res. Policy (IF 9.473) Pub Date : 2023-11-04 Antonin Bergeaud, Cyril Verluise
Innovation is an important driver of potential growth but quantitative evidence on the dynamics of innovative activities in the long-run are hardly documented due to the lack of data, especially in Europe. In this paper, we introduce PatentCity, a novel dataset on the location and nature of patentees from the 19th century using information derived from an automated extraction of relevant information
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Knowledge catalysts: The role of generalist incumbents in post-hiring knowledge integration Res. Policy (IF 9.473) Pub Date : 2023-11-01 Di Tong, Jeongsik “Jay” Lee
Learning-by-hiring is deemed an important channel through which firms tap into external knowledge, yet recent research shows that, post-hiring, incumbent inventors make only limited use of hiring-brought knowledge. This study suggests the mix of generalists among hiring firm incumbent inventors as an important factor promoting the post-hiring use of hired inventors' pre-hire knowledge by incumbents
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Vice-chancellor narcissism and university performance Res. Policy (IF 9.473) Pub Date : 2023-10-21 Shee-Yee Khoo, Pietro Perotti, Thanos Verousis, Richard Watermeyer
Universities hold a prominent role in knowledge creation through research and education. In this study, we examine the effects of VC narcissism on university performance. We measure VC narcissism based on the size of the signature, in line with a methodological approach which has been widely used in the recent literature and repeatedly validated in laboratory experiments. We exploit a quasi-natural
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What is the price of a skill? The value of complementarity Res. Policy (IF 9.473) Pub Date : 2023-10-17 Fabian Stephany, Ole Teutloff
The global workforce is urged to constantly reskill, as technological change favours particular new skills while making others redundant. But which skills are a good investment for workers and firms? As skills are seldomly applied in isolation, we propose that complementarity strongly determines a skill's economic value. For 962 skills, we demonstrate that their value is determined by complementarity