Project summary
Project B04 studies how the content and quality of innovations varies across different types of firms and firms with different organizational structures. The project aims to understand how access to information and resources, potential behavioral biases of inventors as well as the competitive environment of firms shape innovation outcomes. We use novel data sets that allow exploring the causal effects of different types of innovation constraints. We also develop and test theoretical predictions about (possibly non-standard) preferences and expectations using data, elicited in experiments and surveys, on preferences and beliefs held by inventors and study both national and international inventor team formation.