Attenuation bias when measuring inventive performance

Zwick, Thomas; Frosch, Katharina

doi:10.1080/10438599.2016.1155270

Economics of Innovation and New Technology

2016

DOI: 10.1080/10438599.2016.1155270

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Attenuation bias when measuring inventive performance

Thomas Zwick

Katharina Frosch

Abstract: Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar.Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces … Show more

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2022

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Precocious inventors: early patenting success and lifetime inventive performance

Michlbauer

Zwick

2022

Economics of Innovation and New Technology

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This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive list of individual inventor characteristics and time variant information on work environment characteristics for the same period. We define an early success as being in the fastest quartile of inventors applying for the first patent after completing education or being in the highest quartile of citations received for the first patent. The higher career productivity seems to be a consequence of higher individual ability rather than cumulative advantage. Inventors with high productivity early in their career cannot increase their productivity further but instead experience a regression to the mean. Inventors with a fast or high-quality first patent also experience this regression, albeit at a lower rate. In addition, these inventors do not obtain better resources, such as a higher share of research and development time, larger employers, more voluntary job moves, or more co-inventors, during their remaining career than inventors without early success.

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Precocious inventors: early patenting success and lifetime inventive performance

Michlbauer

Zwick

2022

Economics of Innovation and New Technology

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Attenuation bias when measuring inventive performance

Cited by 1 publication

References 9 publications

Precocious inventors: early patenting success and lifetime inventive performance

Precocious inventors: early patenting success and lifetime inventive performance

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