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Necessity as the mother of invention : innovative responses to natural disasters

Author: Qing Miao; David Popp; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2013.
Series: Working paper series (National Bureau of Economic Research), no. 19223.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
How do innovators respond to the shock of a natural disaster? Do natural disasters spur technical innovations that can reduce the risk of future hazards? This paper examines the impact of three types of natural disasters including earthquakes, droughts and flooding on the innovation of their respective mitigation technologies. Using patent and disaster data, our study is the first to relate natural disasters to  Read more...
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Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Qing Miao; David Popp; National Bureau of Economic Research.
OCLC Number: 852984601
Notes: Title from http://www.nber.org/papers/19223 viewed July 16, 2013.
"July 2013."
Description: 1 online resource (41, A25 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 19223.
Responsibility: Qing Miao, David Popp.

Abstract:

How do innovators respond to the shock of a natural disaster? Do natural disasters spur technical innovations that can reduce the risk of future hazards? This paper examines the impact of three types of natural disasters including earthquakes, droughts and flooding on the innovation of their respective mitigation technologies. Using patent and disaster data, our study is the first to relate natural disasters to technology innovation, and also presents the first attempt to empirically examine adaptation responses to climate change across multiple sectors at the country level. Overall, we show that natural disasters lead to more risk-mitigating innovations, while the degree of influence varies across different types of disasters and technologies.

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