Abstract

http://ssrn.com/abstract=941571
 
 

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Do Patents Weaken the Localization of Innovations? Evidence from World's Fairs


Petra Moser


Stanford University - Department of Economics; National Bureau of Economic Research (NBER)

October 23, 2010


Abstract:     
This paper takes advantage of an exogenous shift towards patenting in chemicals to test whether patents contribute to the geographic diffusion of innovations. Data on U.S. innovations that were exhibited at four world fairs between 1851 and 1915 suggest that innovative activity became less localized after patenting rates increased. These changes cannot be explained by changes in the localization of chemical production or economy-wide changes in the localization of innovations.

Number of Pages in PDF File: 25

Keywords: Innovation, Patents, Knowledge Spillovers, Localization, Economic History

JEL Classification: O30, O31, O34, N00, N13, R12

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Date posted: November 1, 2006 ; Last revised: February 1, 2014

Suggested Citation

Moser, Petra, Do Patents Weaken the Localization of Innovations? Evidence from World's Fairs (October 23, 2010). Available at SSRN: http://ssrn.com/abstract=941571 or http://dx.doi.org/10.2139/ssrn.941571

Contact Information

Petra Moser (Contact Author)
Stanford University - Department of Economics ( email )
Landau Economics Building
579 Serra Mall
Stanford, CA 94305-6072
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
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