4 papers
Generative Artificial Intelligence in Scientific Research: Individual Benefits, Collective Risks, and a Framework for Responsible Research with AI
Fulvio Castellacci, Tommaso Ciarli, Yuan Gao +5
This paper examines the tension between the benefits of generative artificial intelligence (AI) for scientific research and the unresolved governance questions that accompany its r…
Licensing and Innovation Regimes in Pharmaceutical R&D
Michele Liberatore, Massimo Riccaboni
We study how licensing affects the allocation of innovation in pharmaceutical R&D. We develop a model in which projects differ in both quality and innovation regime, distinguishing…
The Impact of Acquisitions in the Biotechnology Sector on R&D Productivity
Luca Verginer, Massimo Riccaboni
This study examines the effects of acquisitions on the retention and R&D productivity of inventors in the biotech sector, using data from 15,318 inventors involved in 1,375 acquisi…
Assessing the Heterogeneous Impact of Economy-Wide Shocks: A Machine Learning Approach Applied to Colombian Firms
Marco Dueñas, Federico Nutarelli, VÃctor Ortiz +2
Our paper presents a methodology to study the heterogeneous effects of economy-wide shocks and applies it to the case of the impact of the COVID-19 crisis on exports. This methodol…