NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Climbing Atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research

Jeffrey L. Furman, Scott Stern

NBER Working Paper No. 12523
Issued in September 2006

---- Acknowledgements -----

We thank each of the scientists who graciously offered their insights, the personnel of the American Type Culture Collection, and especially Dr. Raymond Cypess and Robert Hay. We thank Andrew Bernard, Bronwyn Hall, Shane Greenstein, Ben Jones, Michael Kremer, Robert Litan, Megan MacGarvie, Paul Romer, Mathieu Trepanier and participants in numerous seminars for comments and suggestions. Jason Corradini, Mercedes Delgado, Lorraine DeLeon, Chijoke Emineke, Jeremy Gagne, Anna Harrington, Martha Kam, Julia Lo, Kinga Piekos, Courtney Mason, Tracy Myers, Michael Vitulli, and Naomi Wohl provided excellent research assistance. All errors are our own. Financial support for this research was provided by the Brookings Institution and by the Boston University School of Management Junior Faculty Research Fund. Author contact information: Scott Stern, Kellogg Graduate School of Management, 2001 Sheridan Road, Evanston, IL 60208 s-stern2@northwestern.edu, and Jeffrey L. Furman, Boston University School of Management, 595 Commonwealth Ave --€Â" #653a, Boston, MA 02215, furman@bu.edu. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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