Innovation network
Author(s)
Akcigit, Ufuk; Kerr, William R.; Acemoglu, K. Daron
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Technological progress builds upon itself, with the expansion of invention in one domain propelling future work in linked fields. Our analysis uses 1.8 million US patents and their citation properties to map the innovation network and its strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975–1994. The interaction of this preexisting network structure with patent growth in upstream technology fields has strong predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream innovation for a particular technology class to build on, then that technology class innovates more.
Date issued
2016-09Department
Massachusetts Institute of Technology. Department of EconomicsJournal
Proceedings of the National Academy of Sciences
Publisher
National Academy of Sciences (U.S.)
Citation
Acemoglu, Daron; Akcigit, Ufuk and Kerr, William R. “Innovation Network.” Proceedings of the National Academy of Sciences 113, no. 41 (September 2016): 11483–11488. © 2016 National Academy of Sciences
Version: Final published version
ISSN
0027-8424
1091-6490