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Movement of Star Scientists and Engineers and High-Tech Firm Entry

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Author Info
Lynne G. Zucker
Michael R. Darby

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Abstract

This paper extends the concept of star scientist to all areas of science and technology. We follow careers 1981-2004 for 5,401 stars as identified in ISIHighlyCited.comSM, using their publication history to locate them each year. The number of stars in a U.S. region or in one of the top-25 science and technology countries generally has a consistently significant and quantitatively large positive effect on the probability of firm entry in the same area of science and technology. Other measures of academic knowledge stocks have weaker and less consistent effects. Thus the stars themselves rather than their potentially disembodied discoveries play a key role in the formation or transformation of high-tech industries. We identify separate economic geography effects in poisson regressions for the 179 BEA-defined U.S. regions, but not for the 25 countries analysis. Stars become more concentrated over time, moving from areas with relatively few peers to those with many in their discipline. A special counter-flow operating on the U.S. versus the other 24 countries is the tendency of foreign-born American stars to return to their homeland when it develops sufficient strength in their area of science and technology. In contrast high impact articles and university articles and patents all tend to diffuse, becoming more equally distributed over time.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 12172.

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Date of creation: Apr 2006
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Handle: RePEc:nbr:nberwo:12172

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Find related papers by JEL classification:
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
J61 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Geographic Labor Mobility; Immigrant Workers
J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups

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References listed on IDEAS
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  1. Griliches, Zvi, 1990. "Patent Statistics as Economic Indicators: A Survey," Journal of Economic Literature, American Economic Association, vol. 28(4), pages 1661-1707, December. [Downloadable!] (restricted)
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  2. repec:fth:harver:1473 is not listed on IDEAS
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Cited by:
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  1. Manuel Trajtenberg & Gil Shiff & Ran Melamed, 2006. "The "Names Game": Harnessing Inventors' Patent Data for Economic Research," NBER Working Papers 12479, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Jerry Thursby & Anne Fuller & Marie Thursby, 2007. "US Faculty Patenting: Inside and Outside the University," NBER Working Papers 13256, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Ben Dolman, 2007. "Patterns of Migration, Trade and Foreign Direct Investment across OECD Countries," DEGIT Conference Papers c012_030, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
  4. David L. Barkley & Mark S. Henry & Doohee Lee, 2006. "Innovative activity in rural areas: the importance of local and regional characteristics," Community Development Investment Review, Federal Reserve Bank of San Francisco, pages 1-14. [Downloadable!]
  5. Michaela Trippl & Gunther Maier, 2007. "Knowledge Spillover Agents and Regional Development," SRE-Disc sre-disc-2007_01, Department of City and Regional Development, Vienna University of Economics and Business Administration. [Downloadable!]
  6. Natalia Mishagina, 2007. "Empirical Analysis of Career Transitions of Sciences and Engineering Doctorates in the US," Working Papers 1137, Queen's University, Department of Economics. [Downloadable!]
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