Yael Hochberg, Ali Kakhbod, Peiyao Li, Kunal Sachdeva
Journal of Financial Economics 183 (2026): 104307 · NBER Working Paper No. 31592
We document systematic undercitation of women inventors in the patent system. Using causal text estimation, we find that male equivalents of female-invented patents receive 12% more citations and are 16% more likely to become top-decile patents.
Awards: AI Institutes at Michigan, Empowering Research with AI Award, 2026
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@article{hochberg2026patents,
title={Are patents with female inventors under-cited? Evidence from text estimation},
author={Hochberg, Yael and Kakhbod, Ali and Li, Peiyao and Sachdeva, Kunal},
journal={Journal of Financial Economics},
volume={183},
pages={104307},
year={2026},
doi={10.1016/j.jfineco.2026.104307}
}