Seminar Series: Who Profits from Patents? Rent-Sharing at Innovative Firms (Invitation only)

The Washington Center for Equitable Growth hosted Heidi Williams, Associate Professor of Economics at MIT, on Wednesday, June 20. Williams presented new research that investigates the link between firm performance and worker compensation induced by the decision to grant patents. The analysis uses a new linked dataset of U.S. patent applications to U.S. business and worker tax records to explore the effect of patent allowances on employment, and on the earnings of different types of workers within a firm. If you would like to read the paper, you can find it here.

This event was the latest installment of our monthly academic seminar series, which aims to elevate important new research on issues related to whether and how economic inequality impacts economic growth. It will be hosted at our offices in Washington, DC.

For questions, please contact events@equitablegrowth.org.