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Showing articles for Innovation category

U.S. Innovation and Chinese Competition for Innovation Production

Author: Hoberg, Gerard , Phillips, Gordon M., Li, Bruce Yuan on Mar 15, 2020

In this paper, we examine how competitive shocks from China impact U.S. innovation through two distinct margins: the markets for innovation and existing products. 

Increasingly there has been a focus on the impact of China's meteoric rise as an economic power and its impact on the innovation spending by established…

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Education and Innovation:  The Long Shadow of the Cultural Revolution

Author: Huang, Zhangkai, Phillips, Gordon M., Jialun, Yang, Zhang, Cherry Yi on Feb 27, 2020

How important is the education of CEOs to firm level innovation?  In this paper, we examine the human capital cost of an external loss of education on subsequent innovation by firms and ask if it impacted firms more than 30 years later.  We examine the ensuing innovation of Chinese firms…

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