Ashish Arora

Fuqua School of Business
Duke University
Box 90120
Durham, NC 27708-0120
Tel: 919 660 7746
Fax: 919 684-2818

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
NBER Program Affiliations: PR
NBER Affiliation: Research Associate
Institutional Affiliation: Duke University

NBER Working Papers and Publications

September 2018Inventive Capabilities in the Division of Innovative Labor
with Wesley M. Cohen, Colleen M. Cunningham: w25051
February 2018Waiting for the Payday? The Market for Startups and the Timing of Entrepreneurial Exit
with Andrea Fosfuri, Thomas Roende: w24350
February 2017Back to Basics: Why do Firms Invest in Research?
with Sharon Belenzon, Lia Sheer: w23187
January 2017Reversed Citations and the Localization of Knowledge Spillovers
with Sharon Belenzon, Honggi Lee: w23036

Published: Ashish Arora & Sharon Belenzon & Honggi Lee, 2018. "Reversed citations and the localization of knowledge spillovers," Journal of Economic Geography, vol 18(3), pages 495-521. citation courtesy of

April 2015Comment on "The Nature and Incidence of Software Piracy: Evidence from Windows"
in Economic Analysis of the Digital Economy, Avi Goldfarb, Shane M. Greenstein, and Catherine E. Tucker, editors
January 2015Killing the Golden Goose? The Decline of Science in Corporate R&D
with Sharon Belenzon, Andrea Patacconi: w20902
June 2014The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact
with Wesley M. Cohen, John P. Walsh: w20264

Published: Ashish Arora & Wesley M. Cohen & John P. Walsh, 2016. "The acquisition and commercialization of invention in American manufacturing: Incidence and impact," Research Policy, vol 45(6), pages 1113-1128. citation courtesy of

July 2012Managing Licensing in a Market for Technology
with Andrea Fosfuri, Thomas Roende: w18203

Published: “Managing licensing in a market for technology” (with Andrea Fosfuri and Thomas Roende). May 2013. Management Science. 59(5):1092-1106. citation courtesy of

May 2011Implications for Energy Innovation from the Chemical Industry
with Alfonso Gambardella
in Accelerating Energy Innovation: Insights from Multiple Sectors, Rebecca M. Henderson and Richard G. Newell, editors
The Organization of R&D in American Corporations: The Determinants and Consequences of Decentralization
with Sharon Belenzon, Luis A. Rios: w17013
August 2010The Impact of NSF Support for Basic Research in Economics
with Alfonso Gambardella
in Contributions in Memory of Zvi Griliches, Jacques Mairesse and Manuel Trajtenberg, editors
July 2010Going Soft: How the Rise of Software Based Innovation Led to the Decline of Japan's IT Industry and the Resurgence of Silicon Valley
with Lee G. Branstetter, Matej Drev: w16156

Published: Ashish Arora & Lee G. Branstetter & Matej Drev, 2013. "Going Soft: How the Rise of Software-Based Innovation Led to the Decline of Japan's IT Industry and the Resurgence of Silicon Valley," The Review of Economics and Statistics, MIT Press, vol. 95(3), pages 757-775, July. citation courtesy of

Human capital and the Indian software industry
with Surendra K. Bagde: w16167

Published: in "Dimensions of Economic Theory and Policy Essays for Anjan Mukherji" ed. Krishnendu Ghosh Dastidar, Hiranya Mukhopadhyay, and Uday Bhanu Sinha. December 2011

January 2010Implications for Energy Innovation from the chemical industry
with Alfonso Gambardella: w15676
November 2009Cash-out or flame-out! Opportunity cost and entrepreneurial strategy: Theory, and evidence from the information security industry
with Anand Nandkumar: w15532

Published: Ashish Arora & Anand Nandkumar, 2011. "Cash-Out or Flameout! Opportunity Cost and Entrepreneurial Strategy: Theory, and Evidence from the Information Security Industry," Management Science, INFORMS, vol. 57(10), pages 1844-1860, October. citation courtesy of

November 2007Securing Their Future? Entry And Survival In The Information Security Industry
with Anand Nandkumar: w13634
January 2005The Globalization of the Software Industry: Perspectives and Opportunities for Developed and Developing Countries
with Alfonso Gambardella
in Innovation Policy and the Economy, Volume 5, Adam B. Jaffe, Josh Lerner and Scott Stern, editors
June 2004The Globalization of the Software Industry: Perspectives and Opportunities for Developed and Developing Countries
with Alfonso Gambardella: w10538
January 2003R&D and the Patent Premium
with Marco Ceccagnoli, Wesley M. Cohen: w9431

Published: Arora, Ashish, Marco Ceccagnoli, and Wesley M. Cohen. "R&D and the Patent Premium", International Journal of Industrial Organization, Volume 26, Issue 5, September 2008, Pages 1153-1179 citation courtesy of

October 1999Enter at Your Own Risk: HMO Participation and Enrollment in the MedicareRisk Market
with Jean Abraham, Martin Gaynor, Douglas Wholey: w7385

Published: Abraham, Jean, Ashish Arora, Martin Gaynor and Douglas Wholey. "Enter At Your Own Risk: HMO Participation And Enrollment In The Medicare Risk Market," Economic Inquiry, 2000, v38(3,Jul), 385-401.

July 1999Quality Certification and the Economics of Contract Software Development A Study of the Indian Software Industry
with Jai Asundi: w7260
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