ECON 2888R: Economics of Science and Engineering Workshop

ECON 2888R: Economics of Science and Engineering Workshop

EC 2888r: Economics of Science and Engineering Workshop
SPRING 2018  -   Harvard College/GSAS: 122105
Professor Richard B. Freeman
Location: Baker 103, Bloomberg Center, Harvard Business School
Meeting Time: Fridays, 12-1:30pm
Exam Group: 7

DESCRIPTION: Focus on work force and career issues. Topics include: Effects of globalization on work force and innovation, growth of networks in work; impact of career incentives on productivity; university policies; mobility between academe and industry; link between ideas and outputs.

GRADUATE LEVEL SEMINAR:  Undergraduate Enrollment Exceptions:
- undergraduate enrollment limited to 5 students; permission required in advance of enrollment
- does not count as undergraduate Economics Concentration Credit
- may count as undergraduate Harvard College Credit
- may satisfy Econ writing requirement, for individual research paper of 15-20 pages
- first step for consideration: send e-mail with your concentration; why interested in the seminar; and potential research project
- decisions will be made after all requests are submitted

NOTE: Offered jointly with HBS as the 4245 TOM Seminar (Links to an external site.) or SBBI-Science Based Business Initiative

Spring 2018 - SCHEDULE - tba

LOCATION:  Baker 103, Bloomberg Center, HBS Campus
DIRECTIONS:   best access from WEST entrance of bldg, see arrow.


  Baker 103 is a bit tucked away in the Bloomberg Center, and behind a locked door. It is easier to get in from the WEST side of the building; a door will be open for easy access. 
If you are familiar with Baker 102, then as you enter the Faculty Commons, Baker 102 is first door on right, and Baker 103 is on the other side of commons. 



SEMINAR THIS WEEK:   Friday Feb 23

Friday Feb 23:

SPEAKER: Haris Tabakovic (Harvard Business School and The Brattle Group)
TITLE: From Revolving Doors to Regulatory Capture? Evidence from Patent Examiners" (paper joint with Thomas Wollmann, University of Chicago)

Many regulatory agency employees are hired by the firms they regulate, creating a “revolving door” between government and the private sector. We study these transitions using detailed data from the US Patent and Trademark Office. We find that patent examiners grant significantly more patents to the firms that later hire them, that much of this leniency extends to prospective employers, and that these effects are strongest in years when firms are actively hiring. Ultimately, this leads the agency to issue lower quality patents, which we measure in citations. We argue these results are suggestive of regulatory capture.
Haris Tarabovic is an Associate at The Brattle Group, and he holds a Doctor of Business Administration in Strategy degree from the Harvard Business School.  He also has M.Sc. and BS degrees in Electric Engineering from Pennsylvania State University.





Friday MAR 2:

SPEAKER:  William F. Maloney (World Bank, Chief Economist, Equitable Growth, Finance and Institutions)
TITLE:Engineering Growth: Innovative Capacity and Development in the Americas" (paper joint with Felipe Valencia Caicedo) 

This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory– the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the U.S. during the Second Industrial Revolution. These are robustly correlated with income today after controlling for literacy, other types of higher order human capital (e.g. lawyers, physicians), and demand side factors, as well as after instrumenting engineering using the Land Grant Colleges program. A one standard deviation increase in engineers in 1880 accounts for a 10-15% increase in US county income today, while patenting capacity contributes another 10%. We further show engineering density supported technological adoption and structural transformation across intermediate time periods. Our estimates help explain why countries with similar levels of income in 1900, but tenfold differences in engineers diverged in their growth trajectories over the next century. The results are supported by historical case studies from the US and Latin America.
William F. Maloney is Chief Economist for Equitable Growth, Finance and Institutions in the World Bank Group.  Previously he was Chief Economist for Trade and Competitiveness and Global Lead on Innovation and Productivity.  Prior to the Bank, he was a Professor of Economics at the University of Illinois, Urbana-Champaign (1990-1997) and then joined, working as Lead Economist in the Office of the Chief Economist for Latin America until 2009.  From 2009 to 2014, he was Lead Economist in the Development Economics Research Group. From 2011 to 2014 he was Visiting Professor at the University of the Andes and worked closely with the Colombian government on innovation and firm upgrading issues. 

Mr. Maloney received his PhD in economics from the University of California Berkeley (1990), his BA from Harvard University (1981), and he studied at the University of the Andes in Bogota, Colombia (1982-83).

He has published on issues related to international trade and finance, developing country labor markets, and innovation and growth as well as several flagship publications of the Latin American division of the Bank, including Informality: Exit and Exclusion. Most recently, he published The innovation paradox: Developing Country Capabilities and the Unrealized Potential of Technological Catch-Up. In addition to publications in academic journals, he coauthored Natural Resources: Neither Curse nor Destiny and Lessons from NAFTA, Does What you Export Matter: In Search of Empirical Guidance for Industrial Policy, as well as several flagship publications of the Latin American division of the Bank, most recently Informality: Exit and Exclusion.
Friday March 9:  No Seminar

Friday March 16: No Seminar, Spring Break
Friday March 23:
Nila Bhakuni (Director of Technology Transfer, Dartmouth College)

TITLE: “Engines of Innovation: How University Technology Transfer and Entrepreneurship are Shaping the Future"
Nila Bhakuni has been the Director of Technology Transfer at Dartmouth College since July of 2015. Prior to that she was the Director of Technology Transfer at Rice University for 10 years, growing the office and serving as Interim, Director of Sponsored Research and building and leading an industrial contracts team. She had progressive responsibility at Harvard and Carnegie Mellon in technology transfer.

Prior to joining Carnegie Mellon, Nila spent 10 years working in several different areas at Alcoa's Technical Center. She worked in the Manufacturing Systems and Equipment Analysis Center (MSEA) and the Rigid Packaging Division received an Alcoa Merit Award for Team Performance for a joint venture team with Kobe, a Japanese steel company.

Nila has been very active in the Licensing Executives Society where she has served as a speaker, Chair of Nanotechnology in the High Tech Sector, Chair-Elect of the Chemicals, Materials, and Energy Sector, and as a member of the Board of Trustees.

Originally from Akron, Ohio, Nila has a B.S. in Mechanical Engineering from the University of Akron, an M.S. in Mechanical Engineering from Ohio State University, and an MSIA (MBA) from Carnegie Mellon University's Graduate School of Industrial Administration.

Friday March 30:
SPEAKER:  Nessan Bermingham (Atlas Venture)
TITLE:  Gene Editing

Nessan Bermingham is the founding CEO of Intellia Therapeutics. He is a Venture Partner at Atlas Venture and co-founder of three life science companies. He received his PhD in Molecular Biology from Imperial College London and was a Howard Hughes Associate Fellow at Baylor College of Medicine in the department of Human & Molecular Genetics.
Friday April 6:
Sultan Orazbayev

Friday April 13:
SPEAKER: Gokhan Aykac (RA, Gazi University Dept of Economics, and Postdoctoral Research Fellow, Labor & Worklife Program at Harvard Law School)
TITLE: "The Value of an Overseas Research Trip"
Friday April 20:
Andrew Lo (MIT, Sloan School)
"Can Financial Engineering Cure Cancer?: New Approaches to Funding Biomedical Innovation"
available here
Andrew W. Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management, the director of MIT’s Laboratory for Financial Engineering, a principal investigator at MIT’s Computer Science and Artificial Intelligence Lab, and an external faculty member of the Santa Fe Institute.  He received a B.A. in economics from Yale University in 1980, and an A.M. and Ph.D. in economics from Harvard University in 1984. His most recent research focuses on systemic risk in the financial system, evolutionary models of investor behavior, and applying financial engineering to develop new funding models for biomedical innovation. He has published extensively in academic journals (see and his most recent book is Adaptive Markets: Financial Evolution at the Speed of Thought.  His awards include Sloan and Guggenheim Fellowships, the Paul A. Samuelson Award, the Harry M. Markowitz Award, teaching awards from Wharton and MIT, and election to Academia Sinica, the American Academy of Arts and Sciences, the Econometric Society, and Time Magazine’s 2012 list of the “100 most influential people in the world.”






Recent Schedules as PDFs

SPEAKERS PAPERS & PPTs - since 2012

2014 - Spring Schedule with Abstracts

2013 - Fall Schedule with Abstracts

2013 - Spring Schedule with Abstracts 2012 - Fall  Schedule with Abstracts
2012 - Spring Schedule with Abstracts Fall 2011 Schedule with Abstracts


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