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The Dynamics of Inventors, Employers, and Innovation

Guest speaker

Luis Cabral (NYU)


Auditorium 0.03 EEG & Online


Start09.03.2022 11:00End09.03.2022 12:00

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Online via E-mail

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Event summary

We present a series of stylized facts regarding US inventors since the 1970s. Empirically, we examine how inventors’ productivity changes, both within a job and as they change employers throughout their careers. We then develop a theory of inventor careers, largely based on a ladder model of on-the-job search with generic and specific human capital. Finally, we derive policy implications regarding restrictions to inventor mobility.

by Ajay Bhaskarabhatla, Luís Cabral, and Deepak Hegde