The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact
NBER Working Paper No. 20264
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This research was funded by grants from the National Science Foundation, and the Kauffman Foundation. Additional support was provided by The Fuqua School of Business, Duke University, The School of Public Policy, Georgia Tech and the National Institutes of Health. You-Na Lee and Colleen Cunningham provided outstanding research assistance. We are also grateful to Vaibhav Gajulapalli and Arun Patro for helping with data construction, and to seminar participants at Carnegie Mellon, Columbia, Duke, Berkeley, Michigan, New York University, Toronto, University of North Carolina (Greensboro), Tilburg, KU Leuven, Cambridge, London Business School, Japan’s Research Institute of Economy, Trade and Industry, the Roundtable for Engineering Entrepreneurship Research at Georgia Tech, the Atlanta Competitive Advantage Conference, the International Joseph A. Schumpeter Conference held in Jena, Germany and the IP2 Conference at the Hoover Institution for helpful comments. We are also grateful to two anonymous reviewers of this journal for many helpful comments and suggestions. The customary disclaimers apply. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.