Of Mice and Academics: Examining the Effect of Openness on Innovation
Philippe Aghion
(1, 2, 3, 4)
,
Mathias Dewatripont
(5)
,
Julian Kolev
(3)
,
Fiona Murray
(6)
,
Scott Stern
(6)
Résumé
This paper argues that openness, by lowering costs to access existing research, can enhance both early and late stage innovation through greater exploration of novel research directions. We examine a natural experiment in openness: late-1990s NIH agreements that reduced academics' access costs regarding certain genetically engineered mice. Implementing difference-in-differences estimators, we find that increased openness encourages entry by new researchers and exploration of more diverse research paths, and does not reduce the creation of new genetically engineered mice. Our findings highlight a neglected cost of strong intellectual property restrictions: lower levels of exploration leading to reduced diversity of research output.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Of Mice and Academics: Examining the Effect of Openness on Innovation
|
Résumé |
en
This paper argues that openness, by lowering costs to access existing research, can enhance both early and late stage innovation through greater exploration of novel research directions. We examine a natural experiment in openness: late-1990s NIH agreements that reduced academics' access costs regarding certain genetically engineered mice. Implementing difference-in-differences estimators, we find that increased openness encourages entry by new researchers and exploration of more diverse research paths, and does not reduce the creation of new genetically engineered mice. Our findings highlight a neglected cost of strong intellectual property restrictions: lower levels of exploration leading to reduced diversity of research output.
|
Auteur(s) |
Philippe Aghion
1, 2, 3, 4
, Mathias Dewatripont
5
, Julian Kolev
3
, Fiona Murray
6
, Scott Stern
6
1
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
2
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
3
Department of Economics, Harvard University
( 96113 )
- États-Unis
4
Collège de France - Chaire Economie des institutions, de l'innovation et de la croissance
( 1043633 )
- 11 place Marcelin Berthelot F-75231 Paris Cedex 05
- France
5
ULB -
Université libre de Bruxelles
( 303388 )
- Avenue Franklin Roosevelt 50 - 1050 Bruxelles
- Belgique
6
MIT -
Massachusetts Institute of Technology
( 301950 )
- 77 Massachusetts Ave, Cambridge, MA 02139
- États-Unis
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2016-02
|
Volume |
8
|
Numéro |
1
|
Page/Identifiant |
212-252
|
Domaine(s) |
|
Mots-clés |
en
Innovation
|
DOI | 10.1257/pol.20140062 |
Loading...