Arbeitspapier

Attenuation bias when measuring inventive performance

Most previous results on determinants of inventive performance are biased because inventive performance is measured with error. This measurement error causes attenuation bias. More specifically, for example age and education as drivers of patenting success have biased coefficients and too high standard errors when inventive performance is measured in short observation periods. The reason for measurement errors in inventive performance is that patents are typically applied for in waves.

Language
Englisch

Bibliographic citation
Series: ZEW Discussion Papers ; No. 16-014

Classification
Wirtschaft
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Model Evaluation, Validation, and Selection
Innovation and Invention: Processes and Incentives
Subject
Measurement error
inventive performance
observation period

Event
Geistige Schöpfung
(who)
Zwick, Thomas
Frosch, Katharina
Event
Veröffentlichung
(who)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(where)
Mannheim
(when)
2016

Handle
URN
urn:nbn:de:bsz:180-madoc-406650
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Zwick, Thomas
  • Frosch, Katharina
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Time of origin

  • 2016

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