Harvard Business Review:
Entrepreneurs, economic growth, and the enlightenment
10 August 2015
Consider a paper presented at the Summer Session of the National Bureau of Economic Research by Raj Chetty, Bloomberg Professor of Economics at Harvard University, ''Innovation Policy and the Lifecycle of Inventors.'' (The presentation was a preliminary version of research that Chetty has done with other researchers at Harvard, the Office of Tax Analysis, and the LSE; the slides are no longer available on the web, but the researchers will release a new version in a few weeks.) In it, Chetty and colleagues explore the relationship between the propensity to file a patent and socioeconomic status by linking millions of individual tax records to around 1.5 million patent filings, which allows them to ''characterize the lives of inventors.'' (No one is suggesting that filing a patent is the equivalent of being Elon Musk, but it's at least directional.)
This article was published online by the Harvard Business Review on August 10, 2015
Link to article here
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