Recruiting for Ideas: How Firms Exploit the Prior Inventions of New Hires
---- Acknowledgements -----
The authors contributed equally. We thank INSEAD, the Martin Prosperity Institute, and the Social Sciences and Humanities Research Council of Canada for funding this research. We are grateful to James Costantini, Pushan Dutt, Lee Fleming, Martin Gargiulo, Javier Gimeno, Henrich Greve, Kwanghui Lim, Matt Marx, Illian Mihov, Amine Ouazad, Johannes Pennings, Kamalini Ramdas, Andrew Shipilov, Brain Silverman, Olav Sorenson, Man Zhang, two anonymous referees, and seminar participants at INSEAD and the National University of Singapore for comments. We acknowledge use of the NBER and NUS-MBS patent datasets. Errors remain our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.