Curriculum Vitae

Nicola Bianchi
PhD Candidate
Department of Economics
Stanford University
579 Serra Mall
Stanford, CA 94305-6072

nbianchi at stanford dot edu

Education

Ph.D. in Economics, Stanford University
Expected Completion: June 2015

M.Sc. in Economic and Social Sciences, Università Bocconi (ITA), 2006-2008 (Summa cum Laude).
B.A. in Business Management, Università Bocconi (ITA), 2003-2006 (Summa cum Laude).

Research and Teaching Fields

Primary fields: Public Economics, Economics of Education.
Secondary field: Economic of Innovation.

Teaching Experience

2013-14 Teaching Assistant for Prof. P. Dupas, Stanford University, Econ 118 (Development Economics)
2012-13 Teaching Assistant for Prof. P. Dupas, Stanford University, Econ 118 (Development Economics)
2011-12 Teaching Assistant for Prof. C. Landais, Stanford University, Econ 101 (Economic Policy Analysis).

Relevant Positions

2013-14 Research Assistant for Prof. C. Hoxby, Stanford University.
2010-12 Research Assistant for Prof. P. Moser, Stanford University.
2008-09 Research Assistant for Prof. V. Galasso, Università Bocconi.
2007-08 Research Assistant for Prof. P. Muliere, Università Bocconi.

Scolarships, Honors and Awards

2013-14 Outstanding TA Award, Stanford Economics (Econ 118).
2012-14 George P. Shultz Scholar, Stanford Institute for Economic Policy Research.
2012-13 Graduate Research Opportunity (GRO) Award, School of Humanities and Sciences, Stanford University.
2009-11 Economics Department Fellowship, Stanford University.
2006-08 Bocconi Merit Award, Università Bocconi.

Professional Activities

Referee for American Economic Review.

Working Papers

Does Compulsory Licensing Discourage Invention? Evidence from German Patents after the US Trading-With-the-Enemy Act (joint with Joerg Baten and Petra Moser)

Compulsory licensing – which allows patents to be licensed without the consent of patent owners – is a prominent mechanism to improve access to innovations, such as medicines to combat HIV, in the developing world. Critics have argued that compulsory licensing discourages innovation by weakening the intellectual property of foreign inventors. This paper exploits the 1918 US Trading-with-the-Enemy Act (TWEA) as an empirical setting to investigate the effects of compulsory licensing on patenting in Germany, as the country whose intellectual property was violated under the TWEA. The analysis examines new archival data on 79,591 patents for chemicals in Germany between 1900 and 1930. Difference-in-differences regressions compare changes in patenting by German inventors after 1918 for fields in which German-owned patents were violated with changes in patenting for other fields. This analysis indicates a 38 percent increase in invention for fields in which German-owned patents were licensing. Intent-to treat regressions, which use patents that were available for licensing as a measure for exposure to licensing, indicate a 30 percent increase in patenting. Firm-level regressions show that the observed increase in patenting was driven by firms whose patents had been licensed. Analyses with renewal data as a control for high-quality patents confirm a substantial increase in innovation for research fields with licensing.

Research in Progress

The direct and indirect effects of educational expansion.
STEM education and invention.