NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The IT Revolution and the Globalization of R&D

Lee G. Branstetter, Britta M. Glennon, J. Bradford Jensen

NBER Working Paper No. 24707
Issued in June 2018

---- Acknowledgments ----

We gratefully acknowledge financial support from the National Science Foundation through two grants: 1360165 and 1360170. The statistical analysis of firm-level data on U.S. multinational companies was conducted at the Bureau of Economic Analysis (BEA), United States Department of Commerce under arrangements that maintain legal confidentiality requirements. The views expressed do not reflect official positions of the U.S. Department of Commerce or NSF. We thank Bill Zeile, Jim Fetzer, and Ray Mataloni for helpful discussions on the BEA data. We thank Josh Lerner, Scott Stern, and Kyle Meyers for valuable comments All errors and omissions remain our own responsibility. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for J. Bradford Jensen ----

I received approximately $15,000 from the University of Basel for teaching in 2017.

I am a part-time employee at the U.S. Census Bureau.

I am a non-resident senior fellow at the Peterson Institute for International Economics. I am sometimes paid for research I contribute to Peterson Institute programs.

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