讲座主题：Trade Sanctions and Local Inventor Mobility: Evidence from US-China Tech Battle

主讲嘉宾：吴祁 北京大学光华管理学院

讲座时间：2024年12月11日周三14:00-16:00

讲座地点：中央财经大学沙河校区学院11号楼308

嘉宾简介：

吴祁，北京大学光华管理学院应用经济学系助理教授。2021年毕业于康奈尔大学，获经济学博士学位。学术论文发表于American Economic Review等国际顶级期刊。主要研究领域为产品市场中的竞争和网络效应，数字经济，通信大数据等。

讲座内容简介：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.