講座主題：Trade Sanctions and Local Inventor Mobility: Evidence from US-China Tech Battle

主講嘉賓：吳祁 北京大學光華管理學院

講座時間：2024年12月11日周三14:00-16:00

講座地點：bevictor伟德官网沙河校區學院11号樓308

嘉賓簡介：

吳祁，北京大學光華管理學院應用經濟學系助理教授。2021年畢業于康奈爾大學，獲經濟學博士學位。學術論文發表于American Economic Review等國際頂級期刊。主要研究領域為産品市場中的競争和網絡效應，數字經濟，通信大數據等。

講座内容簡介：This study examines the impact of U.S. Entity List sanctions on individual inventors within Chinese firms. Using a staggered difference-in-differences approach, we find that inventors at sanctioned firms experience a significant decrease in innovation output and a higher likelihood of job switching, compared to their counterparts at non-sanctioned firms. Moreover, inventors who successfully transition from sanctioned companies demonstrate increased innovative performance after changing jobs, generating positive spillover effects. Evidence suggests that intensified labor market competition and better job matching both contribute to this outcome. Finally, sanctioned firms and Chinese policymakers have taken measures such as transferring inventors to related firms and providing subsidies to mitigate the sanctions’ effects and foster innovation. This paper highlights the important role of inventor mobility in shaping the effectiveness of trade sanctions.