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Human Capital and Firm’s Innovation Direction

2024· article· en· W4400444671 on OpenAlexaff
Xizhao Wang

Bibliographic record

VenueAcademy of Management Proceedings · 2024
Typearticle
Languageen
FieldEnvironmental Science
TopicBusiness and Economic Development
Canadian institutionsKellogg's (Canada)
Fundersnot available
KeywordsBusinessHuman capitalIndustrial organizationEconomicsMarket economy

Abstract

fetched live from OpenAlex

This paper studies how the sudden loss of personnel affects the direction of innovation in firms. This paper introduces three different measures (cosine distance, total variation distance, and Wasserstein distance) to systematically quantify changes in firm's innovation direction. I exploit a difference-in-difference approach to assess the change in innovation direction within U.S. public firms following sudden deaths of personnel. I find that the loss of upper-tail inventors significantly alters a firm's innovation trajectory, whereas losses of lower-tail inventors and losses at the management level do not. Further analysis underscores the organization's innovation direction is the aggregation of innovation direction from inventor's own expertise plus the innovation direction from team collaboration. The findings on technology distance between different groups of inventors highlight the hard-to-replace nature and the role of inventive human capital, exploring the dynamic capabilities of firms.

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 distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.770
Threshold uncertainty score0.397

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

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 head0.015
GPT teacher head0.234
Teacher spread0.219 · 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 teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
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
Published2024
Admission routes1
Has abstractyes

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