Abstract
The distinction between macro- and microinventions is at the core of recent debates on the Industrial Revolution. Yet, the empirical testing of this notion has remained elusive. We address this issue by introducing a new quality indicator for all patents granted in England in the period 1700–1850. The indicator provides the opportunity for a large-scale empirical appraisal of macro- and microinventions. Our findings indicate that macroinventions did not exhibit any specific time-clustering, while microinventions were characterized by clustering behavior. In addition, we also find that macroinventions displayed a labor-saving bias and were mostly introduced by professional engineers. These results suggest that Allen’s and Mokyr’s views of macroinventions, rather than conflicting, should be regarded as complementary.
Original language | English |
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Article number | 101419 |
Journal | Explorations in Economic History |
Volume | 82 |
Number of pages | 19 |
ISSN | 0014-4983 |
DOIs | |
Publication status | Published - Oct 2021 |
Bibliographical note
Published online: 23 June 2021.Keywords
- Industrial revolution
- Patents
- Macroinventions
- Microinventions