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Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 11977
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data from the setting of mathematics, this paper establishes two results. First, we document that individuals who demonstrate exceptional talent in their teenage years have an irreplaceable ability to create new ideas over their lifetime, suggesting that talent is a central ingredient for the production of knowledge. Second, such talented individuals born in low- or middle-income countries are systematically less likely to become knowledge producers. Our findings suggest that policies to encourage exceptionally-talented youth to pursue scientific careers - especially those from lower income countries - could accelerate the advancement of the knowledge frontier.
Schlagwörter: 
talent
knowledge frontier
innovation
IMO
mathematics
JEL: 
O31
J24
I25
Dokumentart: 
Working Paper

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