The size distribution of innovations revisited: an application of extreme value statistics to citation and value measures of patent significance

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Portfolio diversification and value at risk under thick-tailedness (2009, background): “Furthermore, Scherer et al. (2000) and Silverberg and Verspagen (2007) report the tail indices to be considerably less than one for financial returns from technological innovations.”
Nondiversification Traps in Catastrophe Insurance Markets (2009, background): “Furthermore, the top 5, 10, and 20 firms represent 46%, 66%, and 89% of the total private market, respectively.”
Crowdsourcing New Product Ideas over Time: An Analysis of the Dell IdeaStorm Community (2013, background): “But what is known is that very few ideas, including ideas that may seem like only small improvements, pass Dell’s internal quality screening process (Dell reports on their IdeaStorm website that less than 4% of all submitted ideas have been fully or partially implemented).”