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Complementary Ideas and Innovation Fluctuations

2012· article· en· W2900583207 on OpenAlexaff
David J. Fieldhouse

Bibliographic record

VenueAcademy of Management Proceedings · 2012
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Growth and Productivity
Canadian institutionsWestern University
Fundersnot available
KeywordsProductivityQuality (philosophy)EconomicsIndustrial organizationBusinessMacroeconomics

Abstract

fetched live from OpenAlex

This paper proposes that the availability of new ideas in one sector can alter the return to developing ideas in other sectors, which can explain new facts about short-run changes in patenting. I assess short-run changes in innovation productivity using data on total patenting and average patent quality. I document that total patenting and patent quality are negatively related. Surprisingly though, this relationship disappears within industries. This aggregation puzzle arises from the inter-industry co-movement between patents and their average quality. Using BEA input-output tables, I show these inter-industry relationships strengthen with a spatial measure of complementarities. The level of patenting and patent quality can be unrelated at the industry level, if complementarities between sub-industries increase with aggregation. I develop a multi-sector aggregation model of heterogenous patent selection. The model matches cross industries differences in innovation. Changes in the innovation productivity of the less-productive industries can plausibly explain the new empirical facts. The findings suggest that fluctuations in innovation could be important for economic growth and business cycles.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.019
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.004
Threshold uncertainty score0.014

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.019
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0020.003
Science and technology studies0.0010.002
Scholarly communication0.0030.003
Open science0.0010.002
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0040.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.057
GPT teacher head0.259
Teacher spread0.202 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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