Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267981 
Year of Publication: 
2022
Series/Report no.: 
Working Paper No. WP 2022-24
Publisher: 
Federal Reserve Bank of Chicago, Chicago, IL
Abstract: 
We examine the role of universities in knowledge production and industrial change using historical evidence. Political shocks led to a profound pro-science shift in German universities around 1800. To study the consequences, we construct novel microdata. We find that invention and manufacturing developed similarly in cities closer to and farther from universities in the 1700s and shifted towards universities and accelerated in the early 1800s. The shift in manufacturing was strongest in new and high knowledge industries. After 1800, the adoption of mechanized technology and the number and share of firms winning international awards for innovation were higher near universities.
Subjects: 
industrialization
invention
universities
cities
JEL: 
O14
O18
O30
N13
R10
I25
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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