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NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Diffusion of New Institutions: Evidence from Renaissance Venice's Patent System

Stefano Comino, Alberto Galasso, Clara Graziano

NBER Working Paper No. 24118
Issued in December 2017

---- Acknowledgments ----

We thank Dan Trefler, Kevin Bryan, Hugo Hopenhayn, Nicola Lacetera, Hong Luo, Eduardo Melero, Petra Moser, Michel Serafinelli, Mark Schankerman and Pian Shu for helpful comments. We thank seminar participants at the University of Toronto, the University of Trieste, the CESifo in Munich, the International IO Conference in Boston, the OECD-IPSDM conference in Mexico City, CEMFI Workshop on Innovation in Madrid, and the REER Conference at the Georgia Institute of Technology. We are indebted to Roberto Berveglieri for numerous discussions about the Venetian patent systems, and to Giovanni Caniato, Michael Knapton, Luca MolĂ , Lavinia Parziale, Luciano Pezzolo, and Andrea Zannini for providing insightful details on the Venetian Republic and its guild system. Tommaso Alba provided excellent research assistance. The authors gratefully acknowledge the financial support from the 2016 grants for research projects of the Einaudi Institute for Economics and Finance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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