Inventor Gender and Patent Undercitation: Evidence from Causal Text Estimation

71 Pages Posted: 21 Aug 2023 Last revised: 27 Apr 2024

See all articles by Yael V. Hochberg

Yael V. Hochberg

National Bureau of Economic Research (NBER); Rice University - Jesse H. Jones Graduate School of Business

Ali Kakhbod

University of California, Berkeley

Peiyao Li

University of California, Berkeley - Haas School of Business

Kunal Sachdeva

University of Michigan, Stephen M. Ross School of Business

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Date Written: August 2023

Abstract

Implementing a state-of-the-art machine learning technique for causal identification from text data (C-TEXT), we document that patents authored by female inventors are under-cited relative to those authored by males. Relative to what the same patent would be predicted to receive had the lead inventor instead been male, patents with a female lead inventor receive 10% fewer citations. Patents with male lead inventors tend to undercite past patents with female lead inventors, while patent examiners of both genders appear to be more even-handed in the citations they add to patent applications. For female inventors, market-based measures of patent value load significantly on the citation counts that would be predicted by C-TEXT, but do not load significantly on actual forward citations. The under-recognition of female-authored patents likely has implications for the allocation of talent in the economy.

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Suggested Citation

Hochberg, Yael V. and Kakhbod, Ali and Li, Peiyao and Sachdeva, Kunal, Inventor Gender and Patent Undercitation: Evidence from Causal Text Estimation (August 2023). NBER Working Paper No. w31592, Available at SSRN: https://ssrn.com/abstract=4546465

Yael V. Hochberg (Contact Author)

National Bureau of Economic Research (NBER) ( email )

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Rice University - Jesse H. Jones Graduate School of Business ( email )

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Ali Kakhbod

University of California, Berkeley ( email )

Haas School of Business
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Berkeley, CA 94720
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Peiyao Li

University of California, Berkeley - Haas School of Business ( email )

545 Student Services Building, #1900
2220 Piedmont Avenue
Berkeley, CA 94720
United States

Kunal Sachdeva

University of Michigan, Stephen M. Ross School of Business ( email )

701 Tappan Street
Ann Arbor, MI MI 48109
United States

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