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SUMMARY:Knowledge Access: The Effects of Carnegie Libraries on Innovation
DTSTART:20200608T170000
DTSTAMP:20260406T050807Z
UID:542a1c82ac3b100293b230e6bb0eec5056a960bc6909840180143247
CATEGORIES:Conferences - Seminars
DESCRIPTION:Enrico Berkes & Peter Nencka (Ohio State University) \nEnrico 
 Berkes & Peter Nencka (Ohio State University) \n"Knowledge Access: The Eff
 ects of Carnegie Libraries on Innovation" (video)\nDiscussant: Jeff Furman
  (Boston University - Questrom School of Business)\n\nAbstract\nBetween 18
 83 and 1919\, Andrew Carnegie donated approximately $1 billion in 2019 dol
 lars to fund the construction of more than 1\,500 public libraries across 
 the United States. We show that this historical rollout of public librarie
 s — which promoted access to knowledge for millions of people — increa
 sed the innovation output of recipient towns. To identify the causal effec
 t of Carnegie libraries on innovation\, we use new data on city-level pate
 nting and a novel control group: cities that qualied to receive a library 
 grant\, applied for the program\, received preliminary construction approv
 al\, but ultimately did not build a Carnegie library. Patenting in recipie
 nt towns increased by 8-13 percent in the 20 years following library entry
 . We show that this increase is concentrated in technology classes that ov
 erlap with library holdings. The number of women and immigrant inventors a
 lso increased after libraries opened. We provide evidence that additional 
 access to scientic knowledge and opportunities to interact with fellow pat
 rons are possible mechanisms.\n\n\nEPFL Virtual Innovation Seminar\nEVIS i
 s a bi-weekly virtual seminar series focusing on Science\, Technology and 
 Innovation topics studied through the lens of Economics\, Entrepreneurship
 \, Strategy and Finance.\n 
LOCATION:Zoom
STATUS:CONFIRMED
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