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Patterns of innovation during the industrial revolution: a reappraisal using a composite indicator of patent quality

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  • Nuvolari, Alessandro
  • Tartari, Valentina
  • Tranchero, Matteo

Abstract

The distinction between macro- and microinventions is at the core of recent debates on the Industrial Revolution. Yet, the empirical testing of this notion has remained elusive. We address this issue by introducing a new quality indicator for all patents granted in England in the period 1700-1850. Our findings indicate that macroinventions did not exhibit any specific time-clustering, while micro-inventions were, instead, correlated with the economic cycle. In addition, we also find were characterized by a labour-saving bias. These results suggest that Allen’s and Mokyr’s view of macro-inventions rather than conflicting should be regarded as complementary.

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  • Nuvolari, Alessandro & Tartari, Valentina & Tranchero, Matteo, 2019. "Patterns of innovation during the industrial revolution: a reappraisal using a composite indicator of patent quality," CEPR Discussion Papers 13958, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:13958
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    2. Crafts, Nicholas & Mills, Terence, 2020. "The Race between Population and Technology: Real wages in the First Industrial Revolution," CEPR Discussion Papers 15174, C.E.P.R. Discussion Papers.
    3. Ugo M. Gragnolati & Alessandro Nuvolari, 2023. "Innovation, localized externalities, and the British Industrial Revolution, 1700-1850," LEM Papers Series 2023/26, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    4. Billington, Stephen D., 2021. "What explains patenting behaviour during Britain’s Industrial Revolution?," Explorations in Economic History, Elsevier, vol. 82(C).
    5. Nicholas Crafts & Terence C Mills, 2022. "Considering the Counterfactual: Real Wages in the First Industrial Revolution," The Economic Journal, Royal Economic Society, vol. 132(645), pages 1994-2006.
    6. Billington, Stephen D. & Lane, Joe, 2023. ""Clause and effect": Invention and state intervention during the French Revolutionary and Napoleonic Wars," QUCEH Working Paper Series 23-05, Queen's University Belfast, Queen's University Centre for Economic History.
    7. Nicholas Crafts, 2021. "Understanding productivity growth in the industrial revolution," Economic History Review, Economic History Society, vol. 74(2), pages 309-338, May.

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    More about this item

    Keywords

    Industrial revolution; Patents; Macroinventions; Microinventions;
    All these keywords.

    JEL classification:

    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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