Replication data for: Team-Specific Capital and Innovation
Principal Investigator(s): View help for Principal Investigator(s) Xavier Jaravel; Neviana Petkova; Alex Bell
Version: View help for Version V1
Name | File Type | Size | Last Modified |
---|---|---|---|
AER-2015-1184_programs | 10/12/2019 05:04:AM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/12/2019 01:04:AM |
Project Citation:
Jaravel, Xavier, Petkova, Neviana, and Bell, Alex. Replication data for: Team-Specific Capital and Innovation. Nashville, TN: American Economic Association [publisher], 2018. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113089V1
Project Description
Summary:
View help for Summary
We establish the importance of team-specific capital in the typical inventor's career. Using administrative tax and patent data for the population of US patent inventors from 1996 to 2012, we find that an inventor's premature death causes a large and long-lasting decline in their co-inventor's earnings and citation-weighted patents (–4 percent and –15 percent after 8 years, respectively). After ruling out firm disruption, network effects, and top-down spillovers as main channels, we show that the effect is driven by close-knit teams and that team-specific capital largely results from an "experience" component increasing collaboration value over time.
Scope of Project
JEL Classification:
View help for JEL Classification
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J31 Wage Level and Structure; Wage Differentials
M54 Personnel Economics: Labor Management
O31 Innovation and Invention: Processes and Incentives
O34 Intellectual Property and Intellectual Capital
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J31 Wage Level and Structure; Wage Differentials
M54 Personnel Economics: Labor Management
O31 Innovation and Invention: Processes and Incentives
O34 Intellectual Property and Intellectual Capital
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.