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How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World's Fairs

American Economic Review 2005 95(4), 1214-1236
Studies of innovation have focused on the effects of patent laws on the number of innovations, but have ignored effects on the direction of technological change. This paper introduces a new dataset of close to fifteen thousand innovations at the Crystal Palace World's Fair in 1851 and at the Centennial Exhibition in 1876 to examine the effects of patent laws on the direction of innovation. The paper tests the following argument: if innovative activity is motivated by expected profits, and if the effectiveness of patent protection varies across industries, then innovation in countries without patent laws should focus on industries where alternative mechanisms to protect intellectual property are effective. Analyses of exhibition data for 12 countries in 1851 and 10 countries in 1876 indicate that inventors in countries without patent laws focused on a small set of industries where patents were less important, while innovation in countries with patent laws appears to be much more diversified. These findings suggest that patents help to determine the direction of technical change and that the adoption of patent laws in countries without such laws may alter existing patterns of comparative advantage across countries.

Compulsory Licensing: Evidence from the Trading with the Enemy Act

American Economic Review 2012 102(1), 396-427
Compulsory licensing allows firms in developing countries to produce foreign-owned inventions without the consent of foreign patent owners. This paper uses an exogenous event of compulsory licensing after World War I under the Trading with the Enemy Act to examine the effects of compulsory licensing on domestic invention. Difference-in-differences analyses of nearly 130,000 chemical inventions suggest that compulsory licensing increased domestic invention by 20 percent.

German Jewish Émigrés and US Invention

American Economic Review 2014 104(10), 3222-3255 open access
Historical accounts suggest that Jewish migrs from Nazi Germany revolutionized U.S. science. To analyze the migrs' effects on chemical innovation in the U.S. we compare changes in patenting by U.S. inventors in research fields of migrs with fields of other German chemists. Patenting by U.S. inventors increased by 31 percent in migr fields. Regressions that instrument for migr fields with pre-1933 fields of dismissed German chemists confirm a substantial increase in U.S. invention. Inventorlevel data indicate that migrs encouraged innovation by attracting new researchers to their fields, rather than by increasing the productivity of incumbent inventors.

Women in Science. Lessons From the Baby Boom

Econometrica 2025 93(5), 1521-1560
This paper investigates how children affect women in science, using biographies in the American Men of Science (MoS 1956), linked with publications. First, we show that mothers have a unique life cycle pattern of productivity: While other scientists peak in their mid‐30s, mothers become less productive at that age and reach peak productivity in their early‐40s. Next, we estimate event studies of marriage, comparing mothers and fathers with other married scientists. Event study estimates show that the productivity of mothers declines until children reach school age, while fathers experience no change. These differences have important implications for tenure and participation: Just 27% of mothers achieve tenure, compared with 48% of fathers and 46% of other women. When women carried the full burden of childcare, the time costs of raising the baby boom led to a great loss of female scientists.