CEP/STICERD Applications Seminars
The Education-Innovation Gap
Barbara Biasi (Yale School of Management), joint with Song Ma
Monday 28 November 2022 12:00 - 13:30
Many of our seminars and public events this year will continue as in person or as hybrid (online and in person) events. Please check our website listings and Twitter feed @STICERD_LSE for updates.
Unless otherwise specified, in-person seminars are open to the public.
Those unable to join the seminars in-person are welcome to participate via zoom if the event is hybrid.
About this event
This paper documents differences across higher education courses in the coverage of frontier knowledge. Applying natural language processing (NLP) techniques to the text of 1.7M syllabi and 20M academic articles, we construct the “education-innovation gap,” a syllabus’s relative proximity to old and new knowledge. We show that courses differ greatly in the extent to which they cover frontier knowledge. Instructors play a big role in shaping course content; instructors who are active researchers teach more frontier knowledge. More selective and better funded schools, and those enrolling socio-economically advantaged students, teach more frontier knowledge. Students from these schools are more likely to complete a doctoral degree, produce more patents, and earn more after graduation