Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/225798
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dc.titleA Geometry of Innovation
dc.contributor.authorBussy, Adrien
dc.contributor.authorGeiecke, Friedrich
dc.date.accessioned2022-05-19T07:41:19Z
dc.date.available2022-05-19T07:41:19Z
dc.date.issued2020-08-19
dc.identifier.citationBussy, Adrien, Geiecke, Friedrich (2020-08-19). A Geometry of Innovation. ScholarBank@NUS Repository.
dc.identifier.urihttps://scholarbank.nus.edu.sg/handle/10635/225798
dc.description.abstractWe use methods from Natural Language Processing to characterize the innovative content of patents. We develop several metrics that compare inventions to existing and future innovations. The intuition guiding us is that patents dissimilar to past inventions and similar to future ones may have anticipated or started shifts in innovation topics. We find evidence that such patents have higher citations and the firms owning them grow faster and are more profitable relative to other firms. Analysis of trends suggests that innovative ideas may have gotten harder to find over time in high-innovation fields.
dc.sourceElements
dc.subjectNLP
dc.subjectPatents
dc.subjectInnovation
dc.subjectGrowth
dc.typeArticle
dc.date.updated2022-05-19T05:15:21Z
dc.contributor.departmentDEAN'S OFFICE (LKY SCH OF PUBLIC POLICY)
dc.published.statePublished
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