Invention disclosures and the slowdown of scientific knowledge

Abstract

Invention disclosures are one measure of new scientific knowledge that represents and predicts the future scientific research output of a US federal laboratory. In this article, we document a negative shift in the production function for new scientific knowledge as measured by invention disclosures at one federal laboratory, the National Institute of Standards and Technology, over the first 16 years of the new millennium. We find a negative shift of the production function for new scientific knowledge, and that shift might reflect the coincidence of the information and communication technology revolution that enabled fast science, and the evaluation of research with uncritical use of citation counts that created incentives to focus on incremental research in crowded research topics.