Knowledge & Energy Breakthroughs 2017-05-12T23:51:35+00:00

Project Description

How does knowledge diversity affect renewable energy and storage innovation?
Co-author: Bixuan Sun (UMN)

Using patent data on renewable energy, and drawing on diversity metrics from ecology, we examine how knowledge diversity at the individual and firm level influences the development of novel energy and storage technologies. Effects are identified using instrumental variables, shedding light on tradeoffs between specialization and diversification.