The Diffusion of New Institutions: Evidence from Renaissance Venice's Patent System

What factors affect the diffusion of new economic institutions? This paper examines this question exploiting the introduction of the first regularized patent system which appeared in the Venetian Republic in 1474. We begin by developing a model which links patenting activity of craft guilds with provisions in their statutes. The model predicts that guild statutes that are more effective at preventing outsider's entry and at mitigating price competition lead to less patenting. We test this prediction on a new dataset which combines detailed information on craft guilds and patents in the Venetian Republic during the Renaissance. We find a negative association between patenting activity and guild statutory norms which strongly restrict entry and price competition. We show that guilds which originated from medieval religious confraternities were more likely to regulate entry and competition, and that the effect on patenting is robust to instrumenting guild statutes with their quasi-exogenous religious origin. We also find that patenting was more widespread among guilds geographically distant from Venice, and among guilds in cities with lower political connection which we measure exploiting a new database on noble families and their marriages with members of the great council. Our analysis suggests that local economic and political conditions may have a substantial impact on the diffusion of new economic institutions

Sensitivity Analysis of a Certifiable Synthetic Sensor for Aerodynamic Angle Estimation

Nowadays, some alternative methods exist for the replacement of physical vanes (or probes) for aerodynamic angles (angle of attack and sideslip) with synthetic solutions. The results are promising and there is a growing interest for the industry in this particular solution. However, a lack of methods has been observed to estimate their performance and to compare them. The MIDAS project, funded in the Clean Sky 2 frame, will provide the aerospace community with an innovative modular digital air data system (ADS) based on synthetic sensors for aerodynamic angles. To meet the system requirement specifications given by the project leader, a method of uncertainty estimation must be implemented. This paper proposes a method of estimation of the overall uncertainty based on a consolidated metrological procedure. This method holds a certain degree of generality because it can be applied to different kinds of architecture of the synthetic sensor. In this paper, it has been applied to the preliminary design of the synthetic sensor of the MIDAS air data system and the results have been reported as example

Pulmonary pathology in vasculitis

: Pulmonary involvement is frequent in vasculitis, particularly in ANCA-associated small vessel vasculitis. Laboratory and radiological data alone are often sufficient to confirm the clinical hypothesis, but sometimes the pathologist plays a crucial role in the differential diagnosis and the patient's management. In this review, the pathologic features of pulmonary vasculitis and the pathologist's role in this field are illustrated