How do innovation and education policies interact w/ the supply of talent and economic growth?

In “Tapping into Talent,” Ufuk Akcigit Marta Prato and I combine detailed micro-data on PhDs, inventors, and innovation to study policies with a new endogenous growth framework 🧵

x.com/i/article/1773…

Our Call for Abstracts has been extended for 1 week. and the Final Deadline for proposals will be March 31, 2024 (AOE)

Read more here: icssi.org/guidelines

Missed the CFP for Tay Swift conference (swiftposium2024.com)?

Don't fret! Submit to International Conf on the Science of Science and Innovation
- When: July at Nat'l Academies in DC
- Deadline: March 24
- Real good and interdisciplinary talks💯
icssi.org

This makes sense, but also 😯 😢
patrickhvu.com/assets/files/v…

Since it is a bit hard to read the correction paper, here is what went wrong. Original paper measures disruptiveness by looking at papers/patents which cite you. If they cite nothing you cited, you were very disruptive. If they cite everything you cited, no. Scale to [-1,1].

Snowbound on the East Coast? 🥶What a great day to think about moving to Ithaca & enjoy glorious sunsets over the Finger Lakes!

Just 2 days left to apply for our family business / entrepreneurship position at the Cornell University SC Johnson College of Business:

academicjobsonline.org/ajo/jobs/27093

Science needs money. Often this is from grants, with long app forms and risk-averse committees. Lots of great research on how to fix this recently, but step 1: your nonprofit or agency should replace their app with the famous DARPA 'Heilmeier Qs': darpa.mil/work-with-us/h…

Legit super interesting data from Jason here in shift of elite young American science stars into private sector, esp startups. My co-author Amir Sariri found part of this is from high resource, still publishing science hires (eg, Google, Amazon). But many studies show a problem:

Never out of style: The Economist on what tractors might tell us about AI and GPTs (they take a long time to diffuse... because they're not all that general in the beginning!)
economist.com/christmas-spec…

Underlying paper:
onlinelibrary.wiley.com/doi/abs/10.111…

Daniel Rock Avi Goldfarb Tim Bresnahan

Two research designs.

A quasi-experiment IV with 10,000 obs, dummy instrument, dummy treatment, no ctrls, first stage F-stat of 150.

An RCT with X observations, full compliance with random assignment, and equal statistical power. Otherwise identical.

Which is closest to X?

My excellent job-market-bound coauthor Wei Yang Tham details our new paper on the design of research grants-->

tl;dr: grant design is important for selection effects (which scientists compete for a grant) but less so for treatment effects (how science is done by grant winners)

Very cool stylized facts about what professors do. Suggests a number of obvious interventions to try to increase high variance research and to increase research productivity.

1 pandemic and four years later...check out our survey of the US professiorate!!

there's a ton of cool stuff you can do with pubs/patents/... but also so much you can't observe (e.g. risk prefs). this is our attempt at pulling back the curtain on some of those things