Felix Pöge

Felix Pöge, M.Sc.

Doctoral Student and Junior Research Fellow

Innovation and Entrepreneurship Research

+49 89 24246-453
felix.poege(at)ip.mpg.de

Personal Website

www.felixpoege.eu

Areas of Interest:

Economics of Innovation, Economics of Science, Industrial Organization, Microeconometrics

Academic Résumé

2020
Virtual Visiting Student, University of Maryland, Robert H. Smith School of Business, College Park, MD, USA, Host: Serguey Braguinsky

2019
Visiting Scholar, Boston University, Questrom School of Business, Boston, MA, USA, Host: Jeff Furman

Since 2017
Research Affiliate, IZA Institute of Labor Economics, Bonn, Germany

Since 2016
Junior Research Fellow and Doctoral Candidate, Max Planck Institute for Innovation and Competition (Innovation and Entrepreneurship Research)

2015
Internship with the Organisation for Economic Co-Operation and Development (OECD), Paris

2013 - 2016
Master of Science in Economics at the University of Bonn

2013 - 2016
Student Assistant at the Institute for the Future of Labor (IZA), Bonn

2013 - 2014
Student Assistant and Tutor at the University of Bonn

2010 - 2013
Bachelor of Science in Economics at the University of Heidelberg and the National Unversity of Singapore

Honors, Scholarships, Academic Prizes

2020
Selected as CCC Visiting Student, University of Maryland, Smith School of Business, host: Serguey Braguinski

2020
Best Paper Award Finalist of the TIM Division at AOM

2018
EPIP Best Paper Award for Young Researchers

2012 - 2015
Scholarship of the German National Academic Foundation

2011 - 2012
Scholarship of the Federal Republic of Germany

Referee

Journal of Economic Inequality
Research Policy
Stata Journal

Publications

Articles in Refereed Journals

Dorner, Matthias; Gaessler, Fabian; Harhoff, Dietmar; Hoisl, Karin; Poege, Felix (2020). Filling the Gap - Firm Strategies for Human Capital Loss, Academy of Management Annual Meeting Proceedings, 2020 (1), 2020 (1)71. DOI

  • This paper explores how the premature death of an inventor affects the productivity and career trajectories of co-inventors. To this end, we develop and analyze a dataset covering the careers of 152,350 German inventors. The data combine highly precise employer-employee data from official social security registers with patent office information covering the period from 1980-2014. Departing from 799 registered premature deaths of inventors and the same number of matched inventors, we study how co-inventors were affected by the death of their peers. Using a difference-in-differences and an event study design, we investigate the reaction of the co-inventors' patenting activities, career advancement and job mobility. Using a number of measures and robustness checks, our results show that the premature death of a co-inventor reduces the productivity of the surviving co-inventors. The effect sets in immediately and survivors do not seem to recover from the shock in the five years following. We argue that employers will seek to retain co-inventors under certain conditions in order to continue lines of research and invention. The empirical results confirm our expectations: surviving inventors are significantly less likely to move to a different employer and are more likely to be promoted compared to inventors in the control group. These effects seem to diminish after about two years."

Poege, Felix; Harhoff, Dietmar; Gaessler, Fabian; Baruffaldi, Stefano Horst (2019). Science Quality and the Value of Inventions, Science Advances, 5 (12), eaay7323. DOI

  • Despite decades of research, the relationship between the quality of science and the value of inventions has remained unclear. We present the result of a large-scale matching exercise between 4.8 million patent families and 43 million publication records. We find a strong positive relationship between quality of scientific contributions referenced in patents and the value of the respective inventions. We rank patents by the quality of the science they are linked to. Strikingly, high-rank patents are twice as valuable as low-rank patents, which in turn are about as valuable as patents without direct science link. We show this core result for various science quality and patent value measures. The effect of science quality on patent value remains relevant even when science is linked indirectly through other patents. Our findings imply that what is considered “excellent” within the science sector also leads to outstanding outcomes in the technological or commercial realm.
  • Also published as: arXiv preprint 1903.05020
  • Article: Excellence Breeds Invention, Research Europe 510 (2020), 11

Pacifico, Daniele; Poege, Felix (2017). Estimating Measures of Multidimensional Poverty with Stata, Stata Journal, 17 (3), 687-703.

    Further Publications, Press Articles, Interviews

    Poege, Felix; Harhoff, Dietmar; Gaessler, Fabian; Baruffaldi, Stefano Horst (2020). Excellence Breeds Invention. The Most Highly Cited Papers Feature in the Most Valuable Patents, Research Europe, (510), 11.

    Discussion Papers

    Baruffaldi, Stefano Horst; Poege, Felix (2020). A Firm Scientific Community: Industry Participation and Knowledge Diffusion, IZA Discussion Paper, No. 13419.

    • We study the diffusion of knowledge from scientists to firms within scientific communities. We build on a unique dataset on conference proceedings as "paper trail" of almost all relevant conference series in computer science since 1996. More than 5000 firms appear as conference sponsors or as affiliations in proceedings. Their participation is concentrated in the highly ranked conferences and their scientific contributions are on average highly cited. We exploit direct flights as an instrumental variable for the participation choice of scientists between a conference where a firm participates and other similar conferences. The participation in the same conference has a positive causal effect on knowledge diffusion to the firm's scientific and inventive activities. Additional analyses suggest that interactions and collaborations with scientists that remain external to the firm are likely a key mechanism of this diffusion. The effects are remarkably stronger the larger the firm's investments in participation.
    • https://www.iza.org/de/publications/dp/13419/a-firm-scientific-community-industry-participation-and-knowledge-diffusion

    Baruffaldi, Stefano Horst; Poege, Felix (2020). A Firm Scientific Community: Industry Participation and Knowledge Diffusion, Max Planck Institute for Innovation & Competition Research Paper, No. 20-10.

    • We study the diffusion of knowledge from scientists to firms within scientific communities. We build on a unique dataset on conference proceedings as “paper trail” of almost all relevant conference series in computer science since 1996. More than 5000 firms appear as conference sponsors or as affiliations in proceedings. Their participation is concentrated in the highly ranked conferences and their scientific contributions are on average highly cited. We exploit direct flights as an instrumental variable for the participation choice of scientists between a conference where a firm participates and other similar conferences. The participation in the same conference has a positive causal effect on knowledge diffusion to the firm’s scientific and inventive activities. Additional analyses suggest that interactions and collaborations with scientists that remain external to the firm are likely a key mechanism of this diffusion. The effects are remarkably stronger the larger the firm’s investments in participation.
    • Available at SSRN
    • Also published as: DRUID19; 4936

    Poege, Felix; Harhoff, Dietmar; Gaessler, Fabian; Baruffaldi, Stefano Horst (2019). Science Quality and the Value of Inventions, arXiv preprint 1903.05020.

    • Despite decades of research, the relationship between the quality of science and the value of inventions has remained unclear. We present the result of a large-scale matching exercise between 4.8 million patent families and 43 million publication records. We find a strong positive relationship between quality of scientific contributions referenced in patents and the value of the respective inventions. We rank patents by the quality of the science they are linked to. Strikingly, high-rank patents are twice as valuable as low-rank patents, which in turn are about as valuable as patents without direct science link. We show this core result for various science quality and patent value measures. The effect of science quality on patent value remains relevant even when science is linked indirectly through other patents. Our findings imply that what is considered “excellent” within the science sector also leads to outstanding outcomes in the technological or commercial realm.
    • https://arxiv.org/pdf/1903.05020.pdf
    • Also published in Science Advances 2019, Vol. 5, No. 12, eaay7323

    Baruffaldi, Stefano Horst; Poege, Felix (2019). A Firm Scientific Community, DRUID19, 4936. Copenhagen: Copenhagen Business School.

    • The diffusion of scientific knowledge to industry is instrumental to technological change and productivity growth. In this paper, we investigate the extent to which firms participate in scientific communities' activities and whether this facilitates the exchange and transfer of scientific knowledge to firms' technological activities. We focus on two modes of interactions of firms with scientific communities: the participation to and the sponsorship of international scientific conferences. We exploit a newly constructed database comprising the set of all conference proceedings in computer science from 1996 until 2015 from a specialized computer science database (DBLP) matched to Web of Science and Scopus and conference ranking information. We track knowledge transfers by patent and science citations to these proceedings. First, we document that both conference participation and sponsorship by firms is frequent and concentrated in the events of the highest quality. Contributions of firms at conferences are of higher average quality, even within individual conferences. Second, we go on to find that firms are significantly more likely to cite in their patents and papers the scientific articles presented at a conference which they attended relative to comparable articles presented at other conferences. We use airline connectivity between researcher and conference locations in an instrumental variable strategy to establish causality.
    • https://conference.druid.dk/acc_papers/45ci2gtnh996gaar52h23n4wfg5wfn.pdf

    Dorner, Matthias; Harhoff, Dietmar; Gaessler, Fabian; Hoisl, Karin; Poege, Felix (2018). Linked Inventor Biography Data 1980-2014, FDZ Data Report, No. 03/2018.

    • This data report describes the Linked Inventor Biography Data 1980-2014 (INV-BIO ADIAB 8014), its generation using record linkage and machine learning methods as well as how to access the data via the FDZ.
    • Dieser Datenreport beschreibt die verknüpften Erfinderbiografiedaten 1980-2014 (INV-BIO ADIAB 8014), deren Erstellung mittels Record Linkage und Machine Learning Methoden sowie den Datenzugang über das FDZ.
    • http://doku.iab.de/fdz/reporte/2018/DR_03-18_EN.pdf

    Presentations

    23.11.2020
    Competition and Innovation: Breaking IG Farben
    Innovation Seminar, LMU
    Location: virtual/Munich


    14.10.2020
    Competition and Innovation: Dissolving IG Farben
    Research Seminar in Economic History, University of Mannheim
    Location: virtual/Mannheim


    30.9.2020
    A Firm Scientific Community
    German Economic Association Annual Meeting
    Location: virtual


    17.09.2020
    Competition and Innovation: Dissolving IG Farben
    CDSS Seminar, University of Maryland
    Location: virtual/Maryland, US


    09.09.2020
    Competition and Innovation: Dissolving IG Farben
    Research Seminar
    Location: virtual/Munich


    27.08.2020
    A Firm Scientific Community
    European Economic Association Meeting
    Location: virtual


    09.08.2020
    Filling the Gap-Firm Strategies for Human Capital Loss
    Academy of Management Conference
    Location: virtual


    27.08.2020
    A Firm Scientific Community
    KTO Seminar, Skema
    Location: virtual/SKEMA


    03.03.2020
    Competition and Innovation: Dissolving IG Farben
    Research Seminar
    Location: Zugspitze


    04.12.2019
    Deconcentration and Innovation: Dissolving IG Farben
    TPRI Brown Bag, Boston University Law
    Location: Boston, Massachusetts, US


    30.10.2019
    A Firm Scientific Community: Participation of Industry to Academia and Knowledge Diffusion
    PhD Seminar, University of Utah Eccles
    Location: Salt Lake City, Utah, US


    30.10.2019
    A Firm Scientific Community: Participation of Industry to Academia and Knowledge Diffusion
    S&I Brown Bag, Boston University Questrom
    Location: Boston, Massachusetts, US


    12.08.2019
    A Firm Scientific Community
    Academy of Management Conference
    Location: Boston, Massachusetts, US


    08.07.2019
    Deconcentration and Innovation: Dissolving IG Farben
    LMU Munich Innovation Seminar
    Location: Munich


    13.06.2019
    A Firm Scientific Community - Do Scientific Conferences Facilitate Knowledge Transmission to Private Firms?
    Munich Young Economist Meeting
    Location: Kochel am See


    17.05.2019
    A Firm Scientific Community
    Zentrum für Europäische Wirtschaftsforschung Innopat
    Location: Mannheim


    13.04.2019
    A Firm Scientific Community - Do Scientific Conferences Facilitate Knowledge Transmission to Private Firms?
    24th Spring Meeting of Young Economists
    Location: Brussels, Belgium


    23.03.2019
    Do Scientific Conferences Facilitate Knowledge Transmission to Private Firms?
    Innovation, Technological Change and International Trade Workshop
    Location: Heilbronn


    10.12.2018
    Do Scientific Conferences Facilitate Knowledge Transmission to Private Firms?
    Junior Researcher Workshop 2018, Max Planck Institute for Innovation and Competition
    Location: Munich


    30.10.2018
    A Firm Scientific Community: Do Scientific Conferences Facilitate Knowledge Transmission to Private Firms?
    IO and Trade Seminar, LMU Munich
    Location: Munich


    02.10.2018
    A Firm Scientific Community: Do Scientific Conferences Facilitate Knowledge Transmission to Private Firms?
    IO and Trade Seminar, LMU Munich
    Location: Munich


    06.09.2018
    A Firm Scientific Community: Do Scientific Conferences Facilitate Knowledge Transmission to Private Firms?
    EPIP 2018, ESMT Berlin
    Location: Berlin


    01.02.2018
    R&D Investments, Innovation and Corporate Taxation: Evidence from German Municipalities
    4th Geography of Innovation Conference
    Location: Barcelona, Spain


    05.10.2017
    R&D Investments, Innovation and Corporate Taxation: Evidence from German Municipalities
    MGSE Colloquium, LMU Munich
    Location: Munich

    Projects