Teamwork in innovation under time pressure

Jinyoung Kim

doi:10.1016/j.labeco.2022.102137

Teamwork in innovation under time pressure

Jinyoung Kim

Research output: Contribution to journal › Article › peer-review

4 Citations (Scopus)

Abstract

We investigate how innovating firms respond to time pressure in terms of the size of research teams using U.S. patent data. We study the impact of a natural experiment that took place in 1995 when U.S. patent law was amended with a special provision that provided an incentive for firms to hasten research. We also utilize the randomized assignment of examiners to patent applications to identify firms under time pressure. We find that firms under time pressure assemble larger research teams. With innovation races becoming more competitive globally, our finding sheds light on the trend of increasing teamwork in research.

Original language	English
Article number	102137
Journal	Labour Economics
Volume	75
DOIs	https://doi.org/10.1016/j.labeco.2022.102137
Publication status	Published - 2022 Apr

Bibliographical note

Funding Information:
I would like to express my appreciation to Wonjoon Choi, Juyeon Kang, and Beomyun Kim for their research assistance. I would also like to thank Gordon Dahl, Hideo Owan, Michael Waldman, seminar participants at the National Graduate Institute for Policy Studies (GRIPS), Sogang University, Santa Barbara and Berkeley, and three anonymous referees for their helpful comments. This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2016S1A3A2923769), and by a Korea University Grant. The usual disclaimer applies.

Funding Information:
✰ I would like to express my appreciation to Wonjoon Choi, Juyeon Kang, and Beomyun Kim for their research assistance. I would also like to thank Gordon Dahl, Hideo Owan, Michael Waldman, seminar participants at the National Graduate Institute for Policy Studies (GRIPS), Sogang University, Santa Barbara and Berkeley, and three anonymous referees for their helpful comments. This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2016S1A3A2923769), and by a Korea University Grant. The usual disclaimer applies.

Publisher Copyright:
© 2022 Elsevier B.V.

Keywords

Competition
Innovation
Patent
Team size
Time pressure

ASJC Scopus subject areas

Economics and Econometrics
Organizational Behavior and Human Resource Management

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10.1016/j.labeco.2022.102137

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Teamwork in innovation under time pressure

Abstract

Bibliographical note

Keywords

ASJC Scopus subject areas

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