NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Killing the Golden Goose? The Decline of Science in Corporate R&D

Ashish Arora, Sharon Belenzon, Andrea Patacconi

NBER Working Paper No. 20902
Issued in January 2015

---- Acknowledgements ----

We thank Nick Bloom, Farasat Bokhari, Wes Cohen, Paul David, Fiona Lettice, Franco Mariuzzo, Anastasiya Shamshur and seminar participants at the Solvay School, ULB, Stanford University, UEA and the CES conference for helpful comments and feedback. We thank Luis Rios for excellent research assistance. Arora and Belenzon acknowledge research support from the Fuqua School of Business, Duke University. The customary disclaimers apply. Belenzon acknowledges support from the Center for Economic Performance at LSE for help with data collection. 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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