Data and Code for: Are Ideas Getting Harder to Find?
Principal Investigator(s): View help for Principal Investigator(s) Nicholas Bloom, Stanford University; Charles I. Jones, Stanford University; John Van Reenen, MIT; Michael Webb, Stanford University
Version: View help for Version V2
Name | File Type | Size | Last Modified |
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Aggregate | 10/21/2019 05:32:PM | ||
Census | 10/21/2019 05:32:PM | ||
ChadMatlab | 10/21/2019 05:34:PM | ||
Compustat | 10/21/2019 05:36:PM | ||
MooresLaw | 10/21/2019 05:36:PM | ||
Mortality | 10/21/2019 05:36:PM | ||
Patents | 10/21/2019 05:37:PM | ||
Pharma | 10/21/2019 05:37:PM | ||
Seeds | 10/21/2019 05:37:PM | ||
WageSci | 10/21/2019 05:37:PM |
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Project Citation:
Bloom, Nicholas, Jones, Charles I., Van Reenen, John, and Webb, Michael. Data and Code for: Are Ideas Getting Harder to Find? Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-03-30. https://doi.org/10.3886/E111743V2
Project Description
Summary:
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Long-run growth in many models is the product of two terms: the effective number of researchers and their research productivity. We present evidence from various industries, products, and firms showing that research effort is rising substantially while research productivity is declining sharply. A good example is Moore's Law. The number of researchers required today to achieve the famous doubling of computer chip density is more than 18 times larger than the number required in the early 1970s. More generally, everywhere we look we find that ideas --- and the exponential growth they imply --- are getting harder to find.
Scope of Project
Subject Terms:
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Economic growth;
productivity;
R&D
JEL Classification:
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O30 Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
O40 Economic Growth and Aggregate Productivity: General
O30 Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
O40 Economic Growth and Aggregate Productivity: General
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