Inventor knowledge diversity
The knowledge held by inventors and scientists is arguably the most important input to innovation. Yet the role of this type of human capital in the inventive process is scarcely understood. The EU-funded DIV_INV project will collect evidence on how knowledge profiles of inventors relate to inventive output. It will shed light on the tension between the benefits of specialisation and the costs of coordinating ever larger teams. In doing so, it will inform policy about the desirability of interventions that stimulate more (or less) inventor knowledge diversity. It also seeks to explain what drives individual inventors to broaden their expertise by switching fields. Understanding such mechanisms will help to more efficiently target public investments in innovation.