The Rise of American Ingenuity: Innovation and Inventors of the Golden Age
Ufuk Akcigit (),
John Grigsby and
No 11755, CEPR Discussion Papers from C.E.P.R. Discussion Papers
We examine the golden age of US innovation by undertaking a major data collection exercise linking US patents to state and county-level aggregates and matching inventors to Federal Censuses between 1880 and 1940. We identify a causal relationship between patented inventions and long run economic growth and outline a basic framework for analyzing key macro and micro-level determinants. We explore drivers of regional performance including population density, financial development, geographic connectedness and social structure. We then profile the characteristics of inventors and their life cycle, measure the returns to technological development, and document the relationship between innovation, inequality and social mobility. Our new data help to address important questions related to innovation and long-run growth dynamics.
Keywords: census; demographics; Earnings; growth; innovation; inventors; migration; patents (search for similar items in EconPapers)
JEL-codes: N11 N12 O31 O40 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gro, nep-his, nep-ino, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24) Track citations by RSS feed
Downloads: (external link)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at email@example.com
Working Paper: The Rise of American Ingenuity: Innovation and Inventors of the Golden Age (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:11755
Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... rs/dp.php?dpno=11755
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().