The Rate and Direction of Invention in the British Industrial Revolution: Incentives and Institutions
---- Acknowledgements ----
Prepared for the 50th anniversary conference in honor of The Rate and Direction of Inventive Activity, ed. Scott Stern and Joshua Lerner. The authors acknowledge financial support from the Kauffman Foundation and the superb research assistance of Alexandru Rus. The opinions expressed are those of the authors and do not necessarily reflect views of the Board of Governors of the Federal Reserve System or those of the National Bureau of Economic Research.