Research papers and presentations
Bronwyn H. Hall, University of California at Berkeley
Below is a complete list of my publications and working papers by topic. Many of these papers and handouts are downloadable in PDF format. You will need Acrobat reader to view them. Papers that have been published are not downloadable due to copyright restrictions. If you cite these paper in preliminary WP form, pleae check back to get the correct published citation before publication.
Patents and Patent Policy
Panel Data Econometrics
Market Value of Innovation
Public-Private Innovation Interface
R&D Investment and Productivity; R&D and Innovation Policy
Mergers, Corporate Restructuring and R&D
Patents and the financing of new innovative firms, presentation to the 7th AIEA-NBER Conference, Singapore, August 2019.
Tax Policy for Innovation, presentation to EPIP, Berlin, Germany, September 2018; OECD Conference on assessing the impact of business innovation policies, Paris, France, October 2018; Schumpeter lecture, SME Assembly, Graz, Austria, November 2018; I Seminário Internacional Fomento à Inovaçãao, Sao Paulo, Brazil, November 2018.
Harnessing the benefits of innovation: Some current policy issues, presentation to the G-7 Symposium, Montebello, Canada, February 2018.
IP use in a developing country: Evidence from Chile, presentation to EPIP, Bordeaux, France, September 2017.
Patent boxes and patent transfers, presentation to Harvard Business School Seminar, May 2017.
The impact of international patent systems: Evidece from accession to the European Patent Convention, with Christian Helmers. January 2012, revised January 2018, Research Policy, forthcoming 2019. NBER Working Paper No. 24207. Max Planck Institute of Innovation and Compeition Research Paper No. 18/03.
Is there a role for patents in the financing of innovative firms? (2019), Industrial and Corporate Change 28(3): 657-680. doi: 10.1093/icc/dty074. NBER Working Paper No. 24370. Max Planck Institute of Innovation and Compeition Research Paper No. 18/06.
Tax policy for innovation (2019). Written for the International Conference on Entrepreneurship and Economic Development: Assessing the Effectiveness of Public Policies, Bari, Italy, October 2018. NBER Working Paper No. 25773.
Pledging patents for the public good: rise and fall of the eco-patent commons, with Jorge Contreras and Christian Helmers (2019). Houston Law Review 57: 61-109. Longer version of the paper below.
Green technology diffusion: A post-mortem analysis of the Eco-Patent Commons, with Jorge Contreras and Christian Helmers (November 2018). NBER Working Paper No. 25271.
Should there be lower taxes on patent income?, with Fabian Gaessler and Dietmar Harhoff (July 2018). NBER Working Paper No. 24843.
Technology entry in the presence of patent thickets, with Christian Helmers and Georg von Graevenitz, January 2017. NBER Working Paper No. 21455. Revised version of a paper presented at the EPIP Annual conference, Glasgow, September 3-4, 2015, the TILEC Workshop on Innovation and the Patent System, Tilburg, Netherlands, 20-21 June 2013 and the NBER Summer Institute, July 2013. Powerpoint of presentation at U Minn, November 2015.
Patents and Patent Policy
Intellectual property use in middle income countries: The case of Chile, with Carsten Fink and Christian Helmers, revised Janaury 2018. NBER Working Paper No. 24348. WIPO Economic Researcg Paper No. 43.
Patent system for the 21st century: Update, slides from May 2016.
Patents as Quality Signals? The Implications for Financing Constraints on R&D, with Dirk Czarnitzki (KU Leuven) and Hanna Hottenrott (DICE, Heine Universitaet, Dusseldorf), revised October 2014, Economics of Innovation and New Technology, Sept. 2015, DOI: 10.1080/10438599.2015.1076200
Appropriability mechanisms, innovation and productivity: Evidence from the UK, with Vania Sena. Paper prepared for the CDM conference, Paris, Oct. 8-9, 2014. NBER Working Paper No. 20514 and UNU-MERIT Working Paper No. 2014-059. Economics of Innovation and New Technology, 2016. Online appendix to this paper.
The choice between formal and informal intellectual property: A review, with Christian Helmers, Mark Rogers, and Vania Sena (2014), Journal of Economic Literature 52(2): 375–423.
An empirical analysis of primary and secondary pharmaceutical patents in Chile, with María José Abud Sittler and Christian Helmers. PLOSOne, April 27, 2015, DOI: 10.1371/journal.pone.0124257. NBER Working Paper No. 20995 (February 2015). Slides from presentation to the MEIDE conference, November 2013, Santiago, Chile, and WIPO, December 2013, Geneva Switzerland.
The use of intellectual property in Chile, with Maria Jose Abud, Carsten Fink, and Christian Helmers. INAPI-WIPO Report, Economic Research Working Paper No. 11, July 2013.
Innovation in clean/green technology: Can patent commons help?, with Christian Helmers (Oxford University), March 2011 (revised 2012). Journal of Environmental Economics and Management, http://dx.doi.org/doi:10.1016/j.jeem.2012.12.008
The importance (or not) of patents to UK firms, with Christian Helmers, Mark Rogers, and Vania Sena, February 2012, revised August 2012. Oxford Economic Papers 65 (3): 603-629. http://dx.doi.org/doi:10.1093/oep/gpt012
A Study of Patent Thickets, with Georg von Graevenitz, Christian Helmers, and Chiara Rosazza‐Bondibene. UK Intellectual Property Office Research Paper No. 2013/26 (July).
The Use of Alternatives to Patents and Limits to Incentives, with Christian Helmers, Mark Rogers, and Vania Sena. UK Intellectual Property Office Research Paper No. 2012/21 (November).
Does patent protection help or hinder technology transfer, in S. Ahn, B. H. Hall, and K. Lee (eds.), Intellectual Property for Economic Development: Issues and Policy Implications, Edward Elgar, 2014.
Recent research on the economics of patents, with Dietmar Harhoff (Ludwig-Maximilians Universität München), Annual Review of Economics 2012, Vol. 4: 541-565. NBER Working Paper No. 17773. Kindle version.
Patents and the financing of innovation, presentation to the OECD Workshop on Patents, Paris, France, 10-11 May 2012.
The role of patent protection in (clean/green) technology transfer, with Christian Helmers (Oxford University), Santa Clara High Technology Law Journal 26 (2010): 487-532.
Patent protection and technology transfer – help or hindrance?, presentation to the KDI Conference on Intellectual Property for Economic Development: Issues and Policy Implications, Seoul, 18/19 February 2010, and the Santa Clara Computer and High Technology Law Journal Symposium on Clean Technology, Santa Clara, California, 29 January 2010.
The use and value of IP rights, paper presented at the UK IP Ministerial Forum on the Economic Value of Intellectual Property, London, UK, 10 June 2009. Slides from invited presentation to the EPIP Conference, Septermber 24-25, 2009, Bologna, Italy.
Some facts about business method and software patents at the USPTO and the EPO, presentation to the George Wahington University Law School Conference on Patents and Entrepreneurship in Business and Information Technologies, Washington, DC, June 2009
Testimony to the Federal Trade Commission Hearings on Markets for Intellectual Property and Technology, May 4, 2009, Berkeley Center for Law and Technology, Berkeley, California.
Business and financial method patents, innovation, and policy (2009), Scottish Journal of Political Economy 56(4): 443-473. NBER Working Paper version (April 2009).
Innovation, patent strategy and patent reform, presentation to the TILEC Conference on Patent Reform, Amsterdam, Netherlands, March 2009.
Financial patenting in Europe(2009), with Grid Thoma and Salvatore Torrisi, European Management Review 6: 45-63. Paper presented at the CEPR-Bank of Finland Conference on Innovation and Intellectual Property in Financial Services, Helsinki, Finland, Oct. 16-17, 2008. NBER Working Paper version.
Strategic use of patents, lecture at the European Summer School in Industrial Dynamics (ESSID), Monte Sant’Angelo, Italy, September 2008.
Opening statement, Druid debate on the use of patent data, 25th Anniversary DRUID Conference, Copenhagen, Denmark, June 18, 2008.
Patents and Patent Policy, Revised December 2007, draft for Oxford Review of Economic Policy.
An Empirical Analysis of Patent Litigation in the Semiconductor Industry, with Rosemarie Ziedonis, paper presented to the AEA annual meeting, Chicago, IL, 4-7 January 2007.
Issues in and Possible Reforms of the U. S. Patent System, presentation to the Cooperative Symposium on 21st Century Innovation Systems for Japan and the United States: Lessons from a Decade of Change, 10 January 2006, Tokyo, Japan.
Uncovering GPTs using Patent Data, with Manuel Trajtenberg, in Antonelli, Foray, Hall, and Steinmueller, Festschrift in Honor of Paul A. David, Edward Elgar, 2005. (Paper prepared for presentation at a conference honoring Paul A. David, May 20-21, 2000, Torino, Italy. Revised version posted October 2004).
Exploring the Patent Explosion, June 2004 revision of an invited lecture, ZEW Workshop on Empirical Economics of Innovation and Patenting, Mannheim, Germany, March 14/15, 2003, Journal of Technology Transfer 30 (2005): 35-48. Updated slides from presentations at UC Berkeley, Stanford, and EUI Florence, November 2004.
Post-Grant Patent Reviews - Design Choices and Expected Impact, with Dietmar Harhoff, Berkeley Law and Technology Review, forthcoming 2004. Slides from presentation to the Conference on Patent Reform, Berkeley Center for Law and Technology, April 16, 2004.
Prospects for Improving U.S. Patent Quality via Post-Grant Opposition, with Stuart J. H. Graham, Dietmar Harhoff, and David C. Mowery, paper prepared for the NBER Conference in Innovation Policy and the Economy, Washington, DC, April 15, 2003 (revised May 6, 2003). Slides from presentation.
Intellectual Property Strategy in the Global Cosmetics Industry: A Soap Opera, with Dietmar Harhoff, slides from presentations to the NBER Summer Institute, a CEPR/WZB Conference, October 24/25, 2002, Berlin, and the CEPR/IFS conference on innovation and product market strategy, November 23/24, 2002, London.
Current Issues and Trends in the Economics of Patents, slides from a lecture to the ESSID Summer School in Industrial Dynamics, Cargese, Corsica, September 2002.
Testimony to the Federal Trade Commission/Department of Justice (Antitrust Division) Hearings on Competition and Intellectual Property Law in the Knowledge-Based Economy, February 26, 2002, Berkeley, California. Slides.
Patent Quality Control: A Comparison of U.S. Patent Re-examinations and European Patent Opposition, with Stuart J. H. Graham, Dietmar Harhoff, and David C. Mowery. NBER Working Paper No. 8807, revised November 2002. [Slides from earlier presentations to the Intellectual Property Seminar, St. Peters College, Oxford University, May 2001, and the NBER Summer Institute, July 2001.]
On Copyright and Patent Protection for Software and Databases: A Tale of Two Worlds, presented at the ESF-IIASA-NSF Science Policy Workshop on Digital Collaboration Technologies, Laxenburg, Austria, December 3-5, 1999. Revised for publication in Granstrand, O. (ed.), Economics, Law, and Intellectual Property, Kluwer Publishing Company, 2003.
The Global Nature of IP Protection: Discussion, in Intellectual Property and Innovation in the Knowledge-Based Economy, Toronto: Industry Canada (2006). Presentation to the Industry Canada Conference on Intellectual Property, Toronto, Canada, May 23-24, 2001. slides from the presentation.
The Determinants of Patenting in the U.S. Semiconductor Industry, 1980-1994, with Rosemarie Ham Ziedonis. Rand Journal of Economics 32 (2001): 101-128.
Intellectual Property Protection for Software and Databases, slides from presentation to the Conference on Technology Policy and Innovation, Paris, November 20-22, 2000.
The Effects of Strengthening Patent Rights on Firms Engaged in Cumulative Innovation: Insights from the Semiconductor Industry, with Rose Marie Ham Ziedonis, in Libecap, Gary (ed.), Entrepreneurial Inputs and Outcomes: New Studies of Entrepreneurship in the United States, Vol. 13 of Advances in the Study of Entrepreneurship, Innovation, and Economic Growth, Amsterdam: Elsevier Science, 2001. Slides from NRC Conference on IPR, February 2000.
Fishing Out or Crowding Out?: An Analysis of the Recent Decline in U.S. Patenting. University of California at Berkeley and NBER, March 1988.
The Value of Patents as Indicators of Inventive Activity, with Zvi Griliches and Ariel Pakes. In Dasgupta and Stoneman (eds.), Economic Policy and Technological Performance, Cambridge: Cambridge University Press, 1987. NBER Working Paper No. 2083.
Patents and R&D: Is There a Lag?, with Z. Griliches and J. A. Hausman. International Economic Review 27(1986): 265-283. NBER Working Paper No. 1454.
A Note on the Bias in the Herfindahl Based on Count Data, September 2000 (revised January 2005), Revue d'Economie Industrielle, No. 110, pp. 149-156. An earlier version was published in Jaffe, A. and M. Trajtenberg (eds.), Patents, Citations, and Innovation, MIT Press, 2002.
Testing for Unit Roots in Panel Data: An Exploration Using Real and Simulated Data, with Jacques Mairesse. NBER, UC Berkeley, and INSEE-CREST, in Andrews and Stock (eds.), Identification and Inference for Econometric Models: A Festschrift in Honor of Thomas Rothenberg, Cambridge University Press, 2005. Slides from presentation to the Annual Conference of the German Classification Society, Munich, March 14-16, 2001 and the Conference in Honor of Thomas Rothenberg, UC Berkeley, August 2001.
Firm-Level Investment in France and the United States: An Exploration of What We have Learned in Twenty Years?, with Jacques Mairesse and Benoit Mulkay. Presented at the Twentieth Anniversary Panel Data Conference, Paris, France, June 1997. Annales de l'Economie et de Statistique (January 2000). Zipped PDF.
The Relationship Between Firm Size and Firm Growth in the U.S. Manufacturing Sector. Journal of Industrial Economics 35: 583-606 (1987). Unpublished appendices to this paper.
Wages, Schooling, and IQ of Brothers and Sisters: Do the Family Factors Differ? with John Bound and Zvi Griliches. International Economic Review 27: 77-105 (1986).
Econometric Models for Count Data with an Application to the Patents-R&D Relationship, with Jerry A. Hausman and Zvi Griliches. Econometrica 52 (July): 909-37 (1984).
Missing Data and Self-Selection in Large Panels, with Zvi Griliches and Jerry A. Hausman. Annales de l'INSEE 30-31, Avril-Sept. 1978. Reprinted in Griliches, Zvi (ed.), Practicing Econometrics, London: Edward Elgar Publishing Limited (1998), pp. 208-247.
A General Framework for the Time Series-Cross Section Estimation, Annales de l'INSEE 30-31, Avril-Sept. 1978, pp.177-202.
Estimation and Inference in Nonlinear Structural Models, with Ernst K. Berndt, Robert E. Hall, and Jerry A. Hausman. Annals of Economic and Social Measurement 1974: 653-65.
The market value of R&D in weak innovation regimes: Evidence from India, with Sunil Kanwar (2017). B. E. Journal of Economic Analysis and Policy 17 (1), DOI: 10.1515/bejeap-2016-0103. NBER Working Paper No. w21196.
The Market Value of Patents and R&D: Evidence from European firms, with Grid Thoma, Univesity of Camerino and CESPRI, Bocconi University and Salvatore Torrisi, Bologna University and CESPRI, Bocconi University. October 2006, revised August 2007, NBER Working Paper No. 13426. VOX EU column, December 2007.
Measuring R&D depreciation for the National Income Accounts, slides from a presentation to the BEA, 13 December 2006.
Does the Market Value R&D Investment by European Firms? Evidence from a Panel of Manufacturing Firms in France, Germany, and Italy, with Raffaele Oriani, International Journal of Industrial Organization, forthcoming 2006. Revised version of paper presented at the DRUID Conference, Helsingor, June 12-14, 2003. NBER Working Paper No. 10408 (May 2005 version).
The Market Value of Knowledge Assets in U.S. and European Firms, with Dirk Czarnitzki and Raffaele Oriani, April 2005, forthcoming in D. Bosworth and E. Webster (eds.), The Management Of Intellectual Property, 2005.
The Market Value of R&D: Theory and Empirics, slides from presentations at the Conference in Memory of Tor Jakob Klette, Oslo, Norway, August 2004 and the EC-2 Conference on the Econometrics of Industrial Organization, Marseilles, December 2004.
Value and Patent Citations, with Adam Jaffe and Manuel Trajtenberg, Rand
Journal of Economics 36 (2005): 16-38:
(revised version of Market Value and Patent Citations: A First Look, NBER Working Paper No. 7741 (June 2000), University of California Dept. of Economics Working Paper No. E01-304 (revised June 2001). Slides from a presentation at Oxford University, May 18, 2001.
Innovation and Market Value, paper presented at the NIESR Conference on Competitiveness and Productivity, London, England, February 1998. In Barrell, Ray, Geoffrey Mason, and Mary O'Mahoney (eds.), Productivity, Innovation and Economic Performance, Cambridge: Cambridge University Press, 2000.
Market Value, Market Share, and Innovation, with Katrin Vopel. NBER, the University of California at Berkeley, and the University of Mannheim. (May 1996, revised June 1997).
The Value and Performance of U.S. Corporations, with Robert E. Hall. Brookings Papers on Economic Activity 1993 (1): 1-50.
The Stock Market's Valuation of Research and Development Investment During the 1980s. American Economic Review 83: 259-264 (1993).
The Value of Intangible Corporate Assets: An Empirical Study of the Components of Tobin's Q. IBER Working Paper No. 93-207 (January 1993).
R&D, Patents, and Market Value Revisited: Is There a Second (Technological Opportunity) Factor? with Zvi Griliches and Ariel Pakes. Economics of Innovation and New Technology 1: 183-202 (1991).
IP protection, confidentiality, and openness in science, presentation to the International Workshop on Private Sector – Academia Interactions, Sigtuna, Sweden, November 22-25, 2011.
The use of IP and open innovation in structuring knowledge relationships between firms. Slides from presentation to the Knowledge in Organizations Conference, Monte Verita, Ascona, Switzerland, June 2010.
Open innovation and intellectual property rights, short paper written for Japan Spotlight (January/February 2010 issue).
Issues in assessing the scientific and creative commons, presentation to the International Communia Conference on Public Domain in the Digital Age, Louvain-la-Neuve, Belgium, June 30, 2008.
Which firms participate in open source development?: a study using data from Debian, presentation to the DIME-DRUID Fundamental, Copenhagen, Denmark, June 17, 2008. Preliminary draft paper.
Property and the Pursuit of Knowledge: IPR issues affecting scientific research, with Paul A. David, Introduction to a special issue of Research Policy, Volume 35, Issue 6, 2006. Reprint.
Proprietary vs. Public Domain Licensing of Software and Research Products, with Alfonso Gambardella, 2006, Research Policy 35(6), 875-892, NBER Working Paper No. w11120 (2005), reprinted in The Capitalization of Knowledge, Riccardo Viale and Henry Etkowitz (eds.), Edward Elgar Publishing.
Identifying Age, Cohort and Period Effects in Scientific Research Productivity: Discussion and Illustration Using Simulated and Actual Data on French Physicists, with Jacques Mairesse and Laure Turner (2007), Economics of Innovation and New Technology 16 (2): 159-177. [Paper presented at the Keith Pavitt Memorial Conference, SPRU, November 2003, revised June 2005.]
Incentives for Knowledge Production with Many Producers, presentation to the European Commission/NSF/OECD Conference on Networks of Knowledge: Research and Policy for the Knowledge-Based Economy, Brussels, June 7/8, 2004.
University-Industry Research Partnerships in the
United States, in Contzen, Jean-Pierre, David Gibson, and Manuel V. Heitor
(eds.), Rethinking Science Systems and Innovation Policies, Proceedings
of the 6th International Conference on Technology Policy and Innovation, Purdue
University Press, 2004.
An earlier version was presented at the 6th International Conference on Technology Policy and Innovation, Kansai, Japan, August 2002.
University-Industry Partnerships and Intellectual Property, paper presented to an NSF Workshop on Intellectual Property Protection Mechanisms in Research Partnerships, Center for International Science and Technology Policy, Georgetown University, Washington, D.C., October 2001. Slides from presentation to the International Conference on Technology Policy and Innovation, Kansai Science City, Japan, August 2002.
Universities as Research Partners,
with Albert N. Link and John T. Scott, Review of Economics and Statistics,
An earlier version was presented at the Annual Meetings of the Industrial Organization Society and the American Economic Association, Boston, January 7-9, 2000, NBER Working Paper No. 7643 (March 2000). Long version of this paper. Related NIST Report GCR 02-829.
Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program, with Albert N. Link and John T. Scott, Journal of Technology Transfer 26: 87-98 (2001).
Depreciation of Business R&D Capital, with Wendy Li, Review of Income and Wealth, 2018. DOI: 10.1111/roiw.12380. NBER Working Paper No. 22473.
Innovation and Industrial Dynamics, Introduction to a special issue of Structural Change and Economic Dynamics, with Alex Coad, Nicola Grassano, Pietro Moncada-Paterno-Castello, and Antonio Vezzani, Structural Change and Economic Dynamics, forthcoming.
Financing constraints, R&D investments and innovative performances: new empirical evidence at the firm level for Europe, Introduction to a special issue of Economics of Innovation and New Technology, with Pietro Moncada-Paterno-Castello, Sandro Montresor, and Antonio Vezzani, Economics of Innovation and New Technology, Sept. 2015, DOI: 10.1080/10438599.2015.1076194
Evidence on the impact of R&D and ICT investment on innovation and productivity in Italian firms, with Francesca Lotti and Jacques Mairesse (Economics of Innovation and New Technology, 2012). NBER Working Paper No. 18053 (November 2011). Slides from a presentation at Concord 2010, Seville, Spain, and Conference on R&D, Science, Innovation, and Productivity, Paris, France.
Innovation and Productivity, paper presented at the Nordic Economic Policy Review conference, Helsinki, April 2011. NBER Working Paper No. 17178 (May 2011).
The Internationalization of R&D (2011), in A. Sydor (ed.), Global Value Chains: Impacts and Implications, Ottawa, Canada: Foreign Affairs and International Trade Canada, Government of Canada.
Measuring the returns to R&D, with Jacques Mairesse and Pierre Mohnen, November 2009. Draft of chapter prepared for the Elsevier Handbook of the Economics of Innovation, B. H. Hall and N. Rosenberg (eds.), April 2010. Slide presentation, Research and Innovation Policy Conference, Oslo, Norway, 25 January 2012.
Measuring the Returns to R&D: The Depreciation Problem, Annales d’Economie et de Statistique 79/80 (2005): 341-381. Also NBER Working Paper No. 13473 (September 2007), revised version of R&D, Productivity, and Market Value, paper presented at the International Conference in memory of Zvi Griliches, Paris, August 2003. slides from invited lecture to the International Schumpeter Society Meeting in Nice, France, June 2006.
Financing R&D and innovation, with Josh Lerner, draft of chapter prepared for the Elsevier Handbook of the Economics of Innovation, B. H. Hall and N. Rosenberg (eds.), April 2010, pp. 609-639.
The financing of innovative firms, European Investment Bank Papers, Vol. 14 (2009), No. 2, 8-28. Paper presented at the Annual Research Conference, Luxembourg, October 2009.
Pitfalls in estimating the returns to corporate R&D using accounting data, with Dominique Foray and Jacques Mairesse, October 2009 revision of a paper presented at the First European Conference on Knowledge for Growth, October 8-9, 2007, Seville, Spain.
Innovation and productivity in SMEs: Empirical evidence for Italy (2009), with Francesca Lotti and Jacques Mairesse, Small Business Economics 33: 13-33.
R&D and Financial Investors (November 2008), with Alessandro Grandi and Raffaele Oriani, Chapter 4 of V. Chiesa and F. Frattini, R&D evaluation and performance measurement, Cheltenham: Edward Elgar, pp. 143-165.
Policy for innovation: insights from economic research, presentation to VINNOVA, Stockholm, Sweden, June 4, 2008.
Employment, Innovation, and Productivity: New Evidence from Italian Microdata, with F. Lotti and J. Mairesse, Industrial and Corporate Change 17 (2008): 813-839. NBER Working Paper No. 13296.
Evaluating the Impact of Technology Development Funds in Emerging Economies: Evidence from Latin America, with Alessandro Maffioli, Inter-American Development Bank, Washington, DC, December 2007, revised February 2008, NBER Working Paper No. 13835. Slides from the presentation at GRIPS, Tokyo, Japan, March 2008.
Research and Development, International Encyclopedia of the Social Sciences, 2nd edition (2008), edited by William A. Darity, pp. 199-201.
Empirical studies of innovation in the knowledge driven economy: An introduction, with J. Mairesse, Introduction to a special issue of Economics of Innovation and New Technology, Vol. 15, Issues 4/5, 2006. NBER Working Paper No. w12320.
The Financing of Innovation, in Shane, S. (ed.), Blackwell Handbook of Technology and Innovation Management, Oxford: Blackwell Publishers, Ltd., 2005.
Financing Private Sector Investment in Research and Development, slides from presentation to the United Nations INTECH University/European Union conference on financial systems, corporate investment in innovation, and venture capital, November 7-8, 2002, Brussels.
The Financing of Research and Development, Oxford Review of Economic Policy 18 (1). NBER Working Paper No. 8773 (February 2002).
Investment and R&D in France and the United States, with Benoit Mulkay and Jacques Mairesse. Herrmann, Heinz, and Rolf Strauch (editors), Investing Today for the World of Tomorrow, Springer Verlag, 2001.
Heart of Darkness: Public-Private Interactions Inside the R&D Black Box, with Paul A. David. Research Policy 29: 1165-1183 (2000).
Is Public R&D a Complement or Substitute for Private R&D? A Review of the Econometric Evidence, with Paul A. David and Andrew A. Toole. Research Policy 29(4-5): 497-530 (2000).
How Effective are Fiscal Incentives for R&D? A Review of the Evidence, with John van Reenen. Research Policy 29(4-5): 449-470 (2000).
Does Cash Flow Cause Investment and R&D: An Exploration Using Panel Data for French, Japanese, and United States Scientific Firms, with Jacques Mairesse, Lee Branstetter, and Bruno Crepon. In Audretsch, D., and A. R. Thurik (eds.), Innovation, Industry Evolution, and Employment, Cambridge, England: Cambridge University Press, 1999.
The Private and Social Returns to Research and Development: What Have We Learned? In Smith, Bruce L. R., and Claude E. Barfield (eds.), Technology, R&D, and the Economy, Washington, DC: The Brookings Institution and the American Enterprise Institute, 1996.
Estimating the Productivity of Research and Development in French and United States Manufacturing Firms, with Jacques Mairesse. In Bart van Ark and Karin Wagner (eds.), International Productivity Differences, Measurement and Explanations, Amsterdam: Elsevier Science, 1996. Published in French as La productivité de la recherche et développement des entreprises industrielles aux États-Unis et en France, Economie et Prevision numéro 126 (1996-5). NBER Working Paper No. 5501.
Exploring the Relationship Between R&D and Productivity in French Manufacturing Firms, with Jacques Mairesse. Journal of Econometrics 65: 263-294 (1995).
The Role of Working Capital in the Investment Process, with Hugo Kruiniker. NBER, the University of California at Berkeley, and the Rijksuniversiteit Limburg: Photocopied (December 1995, under revision).
Fiscal Policy towards R&D in the United States: Recent Experience, presentation to the OECD meeting on Fiscal Measures to Promote R&D, Paris, France, January 19, 1995.
R&D Tax Policy During the Eighties: Success or Failure? In Tax Policy and the Economy 7: 1-35 (1993). NBER Working Paper No. 4240.
Industrial Research During the 1980s: Did the Rate of Return Fall? Brookings Papers on Economic Activity Microeconomics 1993 (2): 289-344.
Firm-Level Investment with Liquidity Constraints: What Can the Euler Equations Tell Us? NBER and the University of California at Berkeley (April 1991). Zipped PDF.
Research and Development Investment at the Firm Level: Does the Source of Financing Matter? IBER Working Paper No. 92-194 (May 1992). NBER Working Paper No. 4096 (June 1992).
Research and Development as an Investment, with Fumio Hayashi. NBER Working Paper No. 2973 (May 1989) .
Who Does R&D and Who Patents? with J. Bound, C. Cummins, Z. Griliches, and A. Jaffe. In Zvi Griliches (ed.), R&D, Patents, and Productivity, Chicago: University of Chicago Press, 1984. NBER Working Paper No. 0908.
Innovation and Diffusion, October 2003. In Fagerberg, J., D. Mowery, and R. R. Nelson (eds.), Handbook of Innovation, Oxford University Press, 2004.
Adoption of New Technology, with Beethika Khan. In Jones, Derek C., New Economy Handbook, Academic Press, 2003.
Redefining the Takeover Target: An Empirical Investigation Using Duration Models, with Constance Phelizon. UC Berkeley and Universite Paris I: Photocopied.
Mergers and R&D Revisited. Paper prepared for presentation at the NSF Symposium on Quasi-Experimental Methods, Econometrics Laboratory, UC Berkeley, August 3-7, 1999. (revised version of a paper presented at an NBER conference on mergers and productivity, January 1997 and a conference on The Influence of Financial Markets on Restructuring in Science Based Industries, Milano, May 21-22, 1999). New version July 12, 1999. Slides from presentation.
The Impact of Corporate Restructuring on Industrial Research and Development. Brookings Papers on Economic Activity 1990 (1): 85-136.
The Effect of Takeover Activity on Corporate Research and Development. In Auerbach, Alan (ed.), The Economic Effects of Takeover Activity, Chicago: University of Chicago Press, 1988.
Estimation of the Probability of Acquisition in an Equilibrium Setting. UC Berkeley Dept. of Economics Working Paper No. 8887 (August 1988).
R&D, Innovation, and Productivity, presentation to the seminar “The Role of R&D in Fostering Economic Performance: Lessons from Research and Implications for Finland,” 1 December 2016, Helsinki, Finland.
Innovation and Productivity Growth, presentation to the seminar “Will Sweden Fall with Ericsson,” 28 November 2016, Stockholm, Sweden.
Tax Policy for Innovation, presentation to the IMF/DG-TAX Conference on Taxation, investment and innovation: a triptych for balanced growth, 17-18 November 2016, Brussels, Belgium.
Overview of my research on innovation, presentation to the Singapore National Science Foundation, November 2014, Singapore.
Trade secrets vs patents, presentation to the OECD Workshop on Society’s Gain from Intellectual Property Exchange, May 2014, Paris.
Policy for Innovation: Insights from Economic Research, presentation to GIZ-Beijing, October 2013, and the Innovation Research Forum, January 2014, Caguas, Puerto Rico.
Innovation, IP Choice, and Firm Performance, presentation to the NIESR productivity workshop, July 2014, London.
Using patent data as indicators, keynote address to the 8th European Meeting on Applied Evolutionary Economics, Sophia Antipolis, France, 10-12 June 2013.
Innovation, patents, and productivity in firms, presentation to Industry Canada, April 2013 (not presented due to weather delays).
Innovation, IP choice, and firm performance, presentation to UC Berkeley Innovation Seminar, 6 March 2013.
Environmental change, patents, and development, presentation to SIMPATIC workshop on climate change, Bruegel Foundation, Brussels, Belgium, 4 December 2012.
Patents and the transfer of knowledge, presentation to the OECD Conference on Knowledge Networks and Markets, Paris, 26-27 November 2012.
Environmental change, patents, and development, presentation to the First IASC Conference on the Knowledge Commons, Louvain-la-Neuve, September 2012.
The impact of joining the regional European Patent Convention system, with Christian Helmers. Presentation to the Stanford IP Law Conference, August 2012, and the European Policy for Intellectual Property Annual Meeting, September 2012.
Innovation, productivity, and growth, presentation to the KITeS Conference on New Frontiers in the Economics and Management of Innovation, University L. Bocconi, 22-23 March 2012.
R&D in the crisis, presentation to the OECD Workshop on R&D and innovation in the current macroeconomic climate, Paris, France, December 7, 2011.
The Economics of R&D Tax Credits, slides from presentation to the Tax Policy Institute Conference on the R&D Tax Credit, Washington, DC, February 15-16, 2001.
Reports and data documentation
Assessing the Effectiveness of the Eco-patents Commons: A Post-mortem Analysis, with Jorge Contreras and Christian Helmers (2018). CIGI Paper No. 161.
Measuring Science, Technology, and Innovation: A Review, with Adam Jaffe, May 2012 (rev. 2017). Annals of Science and Technology Policy 2018. Report for the Panel on Developing Science, Technology, and Innovation Measures for the Future, National Academy of Science. Powerpoint summary.
Using productivity growth as an innovation indicator, 2011. Report for the High Level Panel on Measuring Innovation, DG Research, European Commission.
Methods and software for the harmonization and integration of datasets: A test based on IP-related data and accounting databases with a large panel of companies at the worldwide level, with Grid Thoma, Salvatore Torrisi, Alfonso Gambardella, Dominique Guellec, and Dietmar Harhoff, paper prepared for presentation at the PatStat Conference - Conference on Patent Statistics for Decision Makers, Vienna, September 3-4, 2008.
TSP 5.1 User's Guide, (with Clint Cummins), TSP International, February 2005, revised October 2009.
TSP 5.1 Reference Manual, (with Clint Cummins), TSP International, February 2005, revised October 2009.
Government Policy for Innovation in Latin America, a report to the World Bank, presented at the Barcelona Conference on R&D and Innovation in the Development Process, June 2005.
Patent Data Project – Brief Literature Review (from the NSF Proposal), with Iain Cockburn, Woody Powell, and Manuel Trajtenberg. February 2004.
The NBER Patent Citations Data File: Lessons, Insights, and Methodological Tools, with Adam Jaffe and Manuel Trajtenberg. NBER Working Paper No. 8498 (October 2001).
Tax Incentives for Innovation in the United States, a report to the European Union submitted by Asesoria Industrial ZABALA-Spain (Contract Nº: INNO–99–03), January 2001 draft.
The California R&D Tax Credit: Description, History, and Economic Analysis, with Marta Wosinska. Report for the California Council on Science and Technology, June 1999.
Differences in Reported R&D Data on the NSF/Census RD-1 Form and the SEC 10-K Form: A Micro-Data Investigation, with William F. Long. NBER, UC Berkeley, Oxford University, and BPRA (October 1997, revised October 1999).
Effectiveness of Research and Experimentation Tax Credits: Critical Literature Review and Research Design, Report written for the Office of Technology Assessment, U.S. Congress, Washington, DC (June 1995).
The Manufacturing Sector Master File: 1959-1987. NBER Working Paper No. 3366 (May 1990).
A Descriptive Analysis of the Growth and Fluctuations of French Manufacturing Firms. NBER and ENSAE/INSEE (June 1987).
Census R&D Data Match Project: A Progress Report, with Zvi Griliches. Paper presented at the Workshop on the Development and Use of Longitudinal Establishment Data, Bureau of the Census, Washington, D.C., January 14-15, 1982.
Corrado, Haskel, Jona-lasinio, and Nasim: Is international R&D tax competition a zero-sum game? Evidence from the EU, slides from NBER-CRIW discussion, Cambridge, MA, July 2015.
Marx, Strumsky, and Fleming: Mobility, skills and the Michigan non-compete experiment, slides from INFORMS discussion, San Francisco, November 2014.
Abrams, Akcigit, and Popadak: Patent value and citations: Creative destruction or strategic disruption? Slides from CELS discussion, Berkeley. November 2014.
Branstetter, Li, and Veloso: The Globalization of R&D: China, India, and the Rise of International Co‐invention, slides from disucssion at NBER conference, Chicago, August 2013.
Scott and Varian: Bayesian Variable Selection for Nowcasting Economic Time Series, slides from discussion at an NBER Conference, Park City, Utah, June 2013.
The labour market for scientists and engineers: introduction, with Andres de Grip and Wendy Smits (2010). Introduction to a special issue of Economics of Innovation and New Technology, Vol 19, Issue 5.
Simcoe and Waguespack: What’s in a (missing) name? slides from discussion from NBER meeting, Cambridge MA, November 2009.
F. Murray, P. Aghion, M. Dewatripont, J. Kolev, and S. Stern: Of Mice and Academics: Examining the Effect of Openness on Innovation, slides from discussion at NBER Summer Institute, July 2009.
Lerner; Boldrin and Levine: IPR and Growth in the Longrun, slides from discussion of ASSA session, January 2009.
Bresnahan, Greenstein, and Henderson: Sources of Innovation, slides from discussion of ASSA session, January 2009.
Morricone, Oriani, and Sobrero : The Value Relevance of Intangible Assets: The Italian Adoption of International Accounting Standards (IAS/IFRS), slides from discussion, 2008.
A. R. Miller and C. E. Tucker: Privacy Protection and Technology Diffusion: The Case of Electronic Medical Records, slides from discussion from NBER Summer Institute, July 2008.
J. Lerner, M. Sorenson, and P. Stromberg: Privacy Equity and Long Run Investment: The Case of Innovation, slides from discussion from NBER Summer Institute, July 2008.
Branstetter, Fisman, Foley, and Saggi: IPR, Imitation, and Foreign Direct Investment: Theory and Evidence, slides from discussion at NBER program meeting, December 2007.
Kim and Lee: The opportunites and threats of the patent transfer market driven by government: Empirical evidence on the Korean case, slides from discussion at a Monte Verita conference, June 2007.
IP policy as a part of technology policy, slides from discussion at a Monte Verita conference, June 2007.
Chuma and Hashimoto: Moore's Law, Increasing Complexities, and Limits of Organization: Modern Implications of “Japanese DRAM Era”, slides from discussion at NISTEP conference, Tokyo, January 2007.
Patents and Technological Competencies: Discussion. 2004. Slides from presentation at the Economic History Association Meetings, San Jose, California, Sept. 10/11, 2004.
A Comparative Perspective on Technology Regimes and Productivity Growth in the U.S. and Europe: Discussion. 2004. Slides from presentation at the Berkeley-Vienna Conference on the U.S. and European Economies in Comparative Perspective, UC Berkeley, California, Sept. 9/10, 2004.
Models of Research Funding: Discussion, 2003. In A. Guena, A. Salter, and W. E. Steinmueller (eds.), Science and Innovation. Rethinking the Rationales for Funding and Governance. Edward Elgar.
The Assessment: Technology Policy. 2002. Oxford Review of Economic Policy 18 (No. 1), edited by Bronwyn H. Hall and David Ulph.
R&D Satellite Accounts and Returns to Private R&D by Barbara Fraumeni and Sumiye Okubo: Discussion, slides from presentation to the CRIW-NBER Conference on Measuring Capital in the New Economy, April 26-27, 2002, Washington, DC.
Investment and Taxation in Germany - Evidence from Firm-Level Panel Data by Harhoff and Ramb: Discussion. In Herrmann, Heinz, and Rolf Strauch (eds.), Investing Today for the World of Tomorrow, Springer Verlag (2001).
Economics and Econometrics of Innovation: Overview (in English) and Economie et econometrie de l'innovation: Avant-propos (en francais), with David Encaoua, Francois Laisney, and Jacques Mairesse, Annales d'Economie et de Statistique 49/50 (Janvier-Juin 1998): 1-50.
The Effects of Technology and Innovation on Firm Performance, Employment, and Wages: Introduction, with Francis Kramarz. Introduction to a special volume of Economics of Innovation and New Technology, 1998 (Volume 5, Issue 2/4).
Valuing Intangible Assets: The Stock Market Value of R&D Revisited. with Daehwan Kim. Nuffield College, Oxford University (1997, revised 2000).
Tax Policy and Investment Incentives, by Kevin Hassett and Glenn Hubbard: Comment. In Auerbach, Alan (ed.), Fiscal Policy: Lessons from Economic Research, Cambridge, Mass.: MIT Press (1996).
Incremental Tax Credits for R&D: The United States Experience, presentation to the Save British Science meeting on measures to encourage innovation in industry, Milton Hill, Abingdon, UK, June 3, 1995.
On the Sensitivity of R&D to Delicate Tax Changes: The Behavior of U.S. Multinationals in the 1980s, by James R. Hines, Jr.: Comment. In Slemrod, Giovannini, and Hubbard (eds.), International Aspects of Taxation, NBER Conference Volume, University of Chicago Press, Chicago, Ill (1995).
Empirical Analysis of the Size Distribution of Farms: Discussion. American Journal of Agricultural Economics, May 1987.