Targeted Sanctions, Untargeted Firms

WIFO Research Seminar

Organised by: Austrian Institute of Economic Research (WIFO)

Speaker:
Bernhard Ganglmair (University of Mannheim)

Language: English

WIFO, Helene-Lieser-Saal or via Microsoft-Teams

Targeted sanctions aim at specific firms, yet their effects can spread to others' innovation through research collaboration. Ganglmair and his colleagues ask how a firm's innovation ac-tivity responds when one of its patent co-applicants is sanctioned, while the firm itself is not.

Participation via MS-Teams

Using worldwide patent data and a new registry of nearly 100,000 entities sanctioned by eight jurisdictions, they time each firm's exposure to the date its partner is sanctioned and compare exposed firms with matched controls in a stacked difference-in-differences design. They trace effects on patenting volume, the structure and geographic reach of collaboration networks, the technological direction of invention, and patent quality and impact. Sanctions have become a central instrument of economic statecraft; their reach beyond the firms they name is a consequence policy debates routinely overlook.

Please be aware that this seminar will be recorded and published digitally.