Uncertainty and the Dynamics of R&D
NBER Working Paper No. 12841
---- Acknowledgements -----
I would like to thank Ran Abramitzky, Janice Eberly, Avner Grief, John Haltiwanger, John Leahy and seminar audiences at the Stanford Junior Lunch and the AEA. This is a draft of my AER Papers and Proceedings paper. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.