Scope versus Speed: Team Diversity, Leader Experience, and Patenting Outcomes for Firms

Published Research

How does the organization of patenting activity affect a firm’s patenting outcomes? We investigate how the composition of patenting teams relates to both the scope of their patent applications and the speed with which their patents are approved. Read More

Skilled Immigration and Firm-Level Innovation: The U.S. H-1B Lottery

Working Papers

The growth of the global technology industry drives the migration of skilled labor towards countries like the United States that can utilize it, but the U.S. limits the immigration of skilled workers that are employed domestically by U.S. firms. Proponents argue skilled immigration allows firms to access technical skills that unavailable domestically and promote innovation, but there is little evidence of whether this firm-level effect exists.Read More

Closer Workers, More Productive Workers? 

Working Papers

A worker’s commuting distance to the workplace may have implications for her productivity through channels such as costly travel time and reduced knowledge spillovers, and these costs may drive observed agglomerative spatial patterns previously identi fied in the literature.Read More

Using Machine Learning to Predict High-Impact General Technologies

Working Papers

Can machine learning techniques be used to predict high-impact, general technologies? We find that an ensemble of deep learning models that analyze both the text of patents as well as their bibliometric information can ex-ante identify such patents, accurately identifying 80 of the top 100 high generality patents in the hold-out sample. Read More

The Effects of Proprietary Information on Corporate Disclosure and Transparency: Evidence from Trade Secrets

Working Papers

I examine the effects of proprietary information on corporate transparency and voluntary disclosure. To do so, I develop and validate two distinct measures of firms’ reliance on trade secrecy: one based on 10-K disclosures and one based on subsequent litigation outcomes. Read More

Managing Valuable Knowledge in Weak IP Protection Countries

Published Research

Although knowledge assets provide multinational corporations with competitive advantages in foreign markets, it can be difficult for firms to protect their knowledge in foreign countries – especially countries with weak intellectual property (IP) protection.Read More

Trade Secrets and Innovation: Evidence from the “Inevitable Disclosure” Doctrine

Working Papers

Does heightened employer-friendly trade secrecy protection help or hinder innovation? A watershed legal case in Illinois in 1995 provides a setting to investigate the impact of a quickly shifting trade secrecy regime on individual-level patent productivity.Read More

Dual Directors and the Governance of Corporate Spinoffs

Published Research

This paper investigates how “dual directors” enable firms that undertake corporate spinoffs to manage their post-spinoff relationships with the firms they divest, as well as the performance implications of dual directors serving simultaneously on these companies’ boards.Read More

Can the State Pick Winners? Comparing Firm Outcomes from a Random Subsidy Lottery and Innovation-Targeted Subsidy Formula

Funded Research Proposal

In 2011, California Governor Jerry Brown recognized several of the state’s existing firm incentive policies aimed at catalyzing innovative activity in the state, to be ineffectual, citing poor incentive design.Read More

Conflict, Cooperation, and Consensus in Standards-Setting

Funded Research Proposal

We study how firms simultaneously engage in competition and cooperation in technology standard-setting multipartner alliances. Departing from prior research that has typically explored competition in isolation from cooperation, we bridge these two literatures by examining firm communication and community consensus in these venues.Read More

Patenting Licensing, Conflicts of Interest, and Contract Mechanism

Funded Research Proposal

Trade in intellectual property (IP) assets is often hindered by the relatively high information asymmetry between potential sellers and buyers of intangibles because active markets require low information asymmetries and clearly defined property rights.Read More

Cognitive Neighborhoods and the Valuation of Innovation: A Cross-National Analysis

Working Papers

To date, studies have focused on categories as segregating devices that distinguish between types of organizations and products. While this view has helped to advance insight about valuation and commensurability in general terms, we argue that this focus elides consideration of the ways in which categories convey patterns of similarity between different groups.Read More

The NPE: Benevolent Middleman or Stick-Up Artist?

Working Papers

How do non-practicing entities impact innovation? This question has enormous relevance to industrial policy, with virtually no direct evidence to inform it. There are two dominant theoretical perspectives, one of which views Non-Practicing Entities (NPEs) as benevolent middlemen reallocating intellectual property (IP) to where it can be best used.Read More

Are Entrepreneurial Ventures’ Innovation Rates Sensitive to Investor Complementary Assets?

Published Research

Entrepreneurial ventures are a key source of innovation. Nowadays, ventures are backed by a wide array of investors whose complementary asset profiles differ significantly. We therefore assert that entrepreneurial ventures can no longer be studied as a homogeneous group.Read More

Knowledge Brokering and Organizational Innovation: Founder Imprinting Effects

Published Research

We empirically examine the innovation consequences of organizational knowledge brokering, the ability to effectively apply knowledge from one technical domain to innovate in another. We investigate how organizational innovation outcomes vary by founders’ initial mode of venture ideation.Read More