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In this paper, the agent-based modeling is employed to model the effect of intellectual property policy at the speed of technological advancement. Every agent has inborn preferences towards investing their capital into independent…

Physics and Society · Physics 2017-06-15 Ivan D. Breslavsky

Innovation is a key component to equip our society with tools to adapt to new climatic conditions. The development of research-action interfaces shifts useful ideas into operationalized knowledge allowing innovation to flourish. In this…

We study the relationship between firms' performance and their technological portfolios using tools borrowed from the complexity science. In particular, we ask whether the accumulation of knowledge and capabilities related to a coherent set…

Economics · Quantitative Finance 2017-07-10 Emanuele Pugliese , Lorenzo Napolitano , Andrea Zaccaria , Luciano Pietronero

Arthur's (1988) model for competing technologies is discussed from the perspective of evolution theory. Using Arthur's own model for the simulation, we show that 'lock-ins' can be suppressed by adding reflexivity or uncertainty on the side…

Physics and Society · Physics 2010-01-26 Loet Leydesdorff , Peter Van den Besselaar

This article examines the proportion of technical knowledge that is eventually patented and discusses implications for innovation. Drawing from economic theory and information science, the study considers a continuum from raw data to…

General Economics · Economics 2025-04-17 Gaetan de Rassenfosse

We studied the evolution of the European Patent Office (EPO) patents applicants' collaborations network, within a 35 years span of data (1978-2013). Focusing on the Giant Component (GC) formation process over many time-windows, distributed…

Physics and Society · Physics 2020-09-22 Maria Tsouchnika , Alex Smolyak , Panos Argyrakis , Shlomo Havlin

Objective: An understanding of when one or more external factors may influence the evolution of innovation tracking indices (such as US patent and trademark applications (PTA)) is an important aspect of examining economic progress/regress.…

General Economics · Economics 2021-08-10 Iraj Daizadeh

In science as elsewhere, attention is a limited resource and scientists compete with one another to produce the most exciting, novel and impactful results. We develop a game-theoretic model to explore how such competition influences the…

Physics and Society · Physics 2025-09-09 Kevin Gross , Carl T. Bergstrom

Scientists and inventors set the direction of their work amidst an evolving landscape of questions, opportunities, and challenges. This paper introduces a measurement framework to quantify how far researchers move from their existing…

Digital Libraries · Computer Science 2024-08-26 Ryan Hill , Yian Yin , Carolyn Stein , Xizhao Wang , Dashun Wang , Benjamin F. Jones

Scientific research funding is allocated largely through a system of soliciting and ranking competitive grant proposals. In these competitions, the proposals themselves are not the deliverables that the funder seeks, but instead are used by…

Physics and Society · Physics 2019-01-04 Kevin Gross , Carl T. Bergstrom

The acceleration of high-intensity lead (Pb) beams for injection into the Large Hadron Collider (LHC) is limited by significant losses in the preceding CERN ion injector chain. A potential but largely uncharted source of losses are…

Accelerator Physics · Physics 2025-06-04 E. Waagaard , F. Ukena , J. Olsen , R. Alemany Fernández , J. Somoza , G. Weber

Information overload and the rapid pace of scientific advancement make it increasingly difficult to evaluate and allocate resources to new research proposals. Is there a structure to scientific discovery that could inform such decisions? We…

Digital Libraries · Computer Science 2025-08-21 Giacomo Radaelli , Jonah Lynch

This paper overviews the economics of scientific grants, focusing on the interplay between the inherent uncertainty in research, researchers' incentives, and grant design. Grants differ from traditional market systems and other science and…

General Economics · Economics 2024-10-17 Christoph Carnehl , Marco Ottaviani , Justus Preusser

Three periods can be distinguished in university patenting at the U.S. Patent and Trade Office (USPTO) since the Bayh-Dole Act of 1980: (1) a first period of exponential increase in university patenting till 1995 (filing date) or 1999…

Digital Libraries · Computer Science 2019-08-19 Loet Leydesdorff , Martin Meyer

Computer science research has led to many breakthrough innovations but has also been scrutinized for enabling technology that has negative, unintended consequences for society. Given the increasing discussions of ethics in the news and…

Human-Computer Interaction · Computer Science 2023-03-30 Kimberly Do , Rock Yuren Pang , Jiachen Jiang , Katharina Reinecke

Generative artificial intelligence (AI) exhibits the capability to generate creative content akin to human output with greater efficiency and reduced costs. This groundbreaking capability, however, has ignited a debate regarding its…

General Economics · Economics 2024-10-11 Kaichen Zhang , Zixuan Yuan , Hui Xiong

Innovation, typically spurred by reusing, recombining, and synthesizing existing concepts, is expected to result in an exponential growth of the concept space over time. However, our statistical analysis of TechNet, which is a comprehensive…

Social and Information Networks · Computer Science 2024-03-28 Serhad Sarica , Jianxi Luo

This paper studies the macroeconomic effects of news about future technological advancements in the green sector. Utilizing the economic value of green patents granted to publicly listed companies in the U.S., we identify green technology…

General Economics · Economics 2025-07-25 Oscar Jaulin , Andrey Ramos

Despite the vast literature on the diffusion of innovations that impacts a broad range of disciplines, our understanding of the abandonment of innovations remains limited yet is essential for a deeper understanding of the innovation…

Physics and Society · Physics 2024-12-11 Binglu Wang , Ching Jin , Chaoming Song , Johannes Bjelland , Brian Uzzi , Dashun Wang

Using administrative data on the universe of inter-firm transactions in Spain, we show that firms learn to import from their domestic suppliers and customers. Our identification strategy exploits the panel structure of the data, the…

General Economics · Economics 2025-02-25 Kenan Huremović , Federico Nutarelli , Francesco Serti , Fernando Vega-Redondo
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