Jan Bena

  • Associate Professor, Finance Division
  • Bank of Montreal Chair in International Finance
  • Sauder School of Business
  • The University of British Columbia
Research CV About
Jan bena

Recent research papers

Published papers

Machines Could Not Compete with Chinese Labor: Evidence from U.S. Firms' Innovation

Shielding Firm Value: Employment Protection and Process Innovation

The International Propagation of Economic Downturns Through Multinational Companies: The Real Economy Channel

Corporate Innovation and Returns

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

Competition and Ownership Structure of Closely-Held Firms

Heterogeneous Innovations, Firm Creation and Destruction, and Asset Prices

Working papers

Prompted to Start: How Generative AI is Transforming Entrepreneurship

Patent Intensity, Firm Life Cycle, and the Long-run Return and Risk Dynamics of Technological Innovators

Relationship-Specific Investments and Firms’ Boundaries: Evidence from Textual Analysis of Patents

Entrepreneurs' Diversification and Labor Income Risk

Token-based Decentralized Governance, Data Economy and Platform Business Model

Owner Culture and Pay Inequality within Firms

Technology Life Cycles: Investment, Growth, and Firm Value

Mutual Fund Disagreement and Firm Value: Passive vs. Active Voice

Research interests

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Innovation and technological change

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Entrepreneurial finance

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Private equity

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Labor and finance

Global Corporate Patent Dataset

The Global Corporate Patent Dataset (GCPD) v2 is a substantially expanded patent–firm linkage dataset designed for research on innovation, corporate finance, and technological change. It links 5.3 million patents granted by the U.S. Patent and Trademark Office (USPTO) between January 1976 and September 2023 to approximately 25,000 publicly listed companies globally. These firms represent 99 different countries based on their headquarters' locations.

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Process Innovation Patent Dataset

The Process Innovation Patent Dataset classifies claims of all utility patents awarded by the U.S. Patent and Trademark Office (USPTO) since 1976 into process and non-process. This classification allows to separately measure a process and non-process innovation in the economy overall, across technology classes or industry sectors, as well as by firms and other organizations.

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The University of British Columbia

The University of British Columbia (UBC) is a global centre for teaching, learning and research, consistently ranked among the top 20 public universities in the world and recently recognized as North America’s most international university.