Seminar  |  03/13/2024 | 04:30 PM  –  05:45 PM

Innovation & Entrepreneurship Seminar: Overcoming the Division of Labor in Scientific Research for Complementary Innovation – Evidence from Quantum Computing

Florenta Teodoridis (USC Marshall) 


Virtual talk, on invitation, see seminar page.

Large corporate labs play an important role in innovation. Recently, there has been a trend toward universities producing scientific research and then corporate labs developing this research into practical applications. This division of scientific research labor can have negative consequences for the development of general purpose technologies and other enabling technologies. These technologies rely on a positive feedback loop of innovation, from seeding to complementary trajectories and back, in order to generate substantial productivity gains for companies and for the economy overall. A push against the increasing division of scientific research labor may catalyze the feedback loop. We explore this possibility in the context of the development of quantum computers. After a change in companies’ incentives to engage in scientific research, following a surprise announcement about the near-term commercial potential of quantum computing, we document a rise in company academic publications and patents in quantum computing hardware. Soon after, we document a rise in academic publications and patents in the complementary software trajectory. We also find suggestive evidence of a feedback loop between the hardware and the software trajectories. We interpret these results to suggest complementarities between company and university scientific research in the context of a newly emerging enabling technology.


Contact person: Daehyun Kim


Subscription to the invitation mailing list and more information on the semina page.

Seminar  |  03/20/2024 | 03:00 PM  –  04:15 PM

Innovation & Entrepreneurship Seminar: Don’t Throw the Baby Out With the Bathwater – Firm Response to Downstream Product Shocks

Matt Higgins (University of Utah)


hybrid (Room 313/Zoom)

We explore how firms respond to downstream product shocks. We find that affected firms increase research and development and make additional safety-related upstream investments. These investments vary with firm capabilities and across shock severity. Competitors appear to vicariously learn and also engage in similar upstream investments in affected markets. We present evidence that these upstream investments have important performance implications. First, these investments are positively related to transition probabilities and approval rates for products that received them. Second, these upstream investments are related to a decrease in the intensity and rate of future downstream product shocks. Surprisingly, however, these upstream investments appear to have limited impact on mitigating the negative demand response caused by these shocks.  


Contact person: Marina Chugunova


Subscription to the invitation mailing list and more information on the seminar page.

Miscellaneous  |  03/20/2024 | 06:00 PM  –  07:15 PM

Digitality Fireside Chat #6

Prof. Dr. med. Dr. h.c. Matthias Tschöp (Helmholtz Munich)
Moderation: Dietmar Harhoff


Online event (in German), with registration


The Max Planck Digitality Fireside Chat is an informal event format for in-depth talks and discussions on digitality and digital transformation. The aim is to allow for an exchange between researchers and digital pioneers who have come forward with new concepts, proposals and ideas, and are actively shaping digitalization.

Seminar  |  04/17/2024 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Sébastien Houde

Sébastien Houde (HEC Lausanne)


hybrid (Room 313/Zoom)

Title and abstract will follow
 

Contact person: Albert Roger


Subscription to the invitation mailing list and more information on the seminar page.

Seminar  |  05/08/2024 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Egbert Amoncio

Egbert Amoncio (WIPO)


hybrid (Room 313/Zoom)

Title and abstract will follow.


Contact person: David Heller


Subscription to the invitation mailing list and more information on the seminar page.

Miscellaneous  |  05/14/2024 | 09:00 AM  –  04:45 PM

Roundtable: Opening up Data for Research on Ukraine

hybrid (Room E10/Zoom)

Program follows soon.

Contact person: Liudmyla Petrenko

Munich Summer Institute (MSI)
Conference  |  05/22/2024, 09:00 AM  –  05/24/2024, 04:15 PM

Munich Summer Institute 2024

Bavarian Academy of Sciences

The Munich Summer Institute (MSI) is hosted by the Center for Law & Economics at ETH Zurich, HEC Lausanne, Northeastern University, the Chair for Technology and Innovation Management at TUM, the Chair for Economics of Innovation at TUM, the Institute for Strategy, Technology and Organization (ISTO) at the LMU Munich and the Max Planck Institute for Innovation and Competition.


Further information on the website of the MSI.

Seminar  |  05/29/2024 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Vera Rocha

Vera Rocha (Copenhagen Business School)


hybrid (Room 313/Zoom)

Title and abstract will follow.


Contact person: Svenja Friess


Subscription to the invitation mailing list and more information on the seminar page.

Seminar  |  06/05/2024 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Pietro Santoleri

Pietro Santoleri (European Commission)


hybrid (Room 313/Zoom)

Title and abstract will follow.


Contact person: David Heller


Subscription to the invitation mailing list and more information on the seminar page.

Seminar  |  06/12/2024 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Marina Schröder

Marina Schröder (University of Hannover)


hybrid (Room 313/Zoom)

Title and abstract will follow.


Contact person: Svenja Friess


Subscription to the invitation mailing list and more information on the Seminarseite.