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Science and the diffusion of knowledge
Authors:Olav Sorenson  Lee Fleming  
Institution:aAnderson Graduate School of Management, UCLA, 110 Westwood Plaza, Box 951481, Los Angeles, CA 90095-1481, USA;bHarvard Business School, Boston, MA 02163, USA
Abstract:Scientists, social scientists and politicians frequently credit basic science with stimulating technological innovation, and with it economic growth. Despite a substantial body of research investigating this general relationship, relatively little empirical attention has been given to understanding the mechanisms that might generate this linkage. This paper considers whether more rapid diffusion of knowledge, brought about by the norm of publication, might account for part of this effect. We identify the importance of publication by comparing the patterns of citations from future patents to three groups of focal patents: (i) those that reference scientific (peer-reviewed) publications, (ii) those that reference commercial (non-scientific) publications; and (iii) those that reference neither. Our analyses strongly implicate publication as an important mechanism for accelerating the rate of technological innovation: Patents that reference published material, whether peer-reviewed or not, receive more citations, primarily because their influence diffuses faster in time and space.
Keywords:Research  Publication  Reference
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