NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Back to Basics: Basic Research Spillovers, Innovation Policy and Growth

Ufuk Akcigit, Douglas Hanley, Nicolas Serrano-Velarde

NBER Working Paper No. 19473
Issued in September 2013

---- Acknowledgements -----

We thank Daron Acemoglu, Steve Bond, Giammario Impullitti, Dirk Krueger, Matthew Mitchell, Pietro Peretto, John Seater, Holger Sieg and seminar participants at AEA Meetings in Chicago, Canadian Macroeconomics Study Group, Centre for Business Taxation Symposium (Oxford), IIO Conference, Bank of Italy, Industry and Labor Market Dynamics (Barcelona), NBER Productivity Lunch Seminar, SKEMA Workshop on Economic Growth, Structural Approaches to Productivity and Industrial Dynamics (Rome), Turkish Central Bank, UCLA, University of Pennsylvania Economics, Wharton, and World Bank for their insights. We thank Claire Lelarge for very helpful comments and for providing us with patent data. Akcigit gratefully acknowledges the NBER Innovation Policy and the Economy Research Grant. Serrano-Velarde gratefully acknowledges financial support from the ESRC (Grant No RES-060-25-0033). The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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