NATIONAL BUREAU OF ECONOMIC RESEARCH

KAUFFMAN FOUNDATION

Pre-Conference on The Rate and Direction of Inventive Activity

July 13-14, 2009

Josh Lerner and Scott Stern, Organizers

The Ritz-Carlton, Laguna Niguel

One Ritz-Carlton Drive

Dana Point, California

PROGRAM

Sunday, July 12:

7:30 pm Cocktail Reception (adult guests only)

Monday, July 13:

8:00 am Continental Breakfast (all guests)

Introduction and Overview

8:30 am Josh Lerner, Harvard University and NBER

Scott Stern, Northwestern University and NBER

The Impact and Productivity of Publicly Funded Research Josh Lerner, Session Chair

8:45 am Pierre Azoulay, MIT and NBER

Joshua Graff Zivin, UC, San Diego and NBER

Aruna Ranganathan, MIT

Bhaven Sampat, Columbia University

Spillovers from Academia onto Industry: Evidence from Professional Transitions for the Superstars of Medicine

9:30 am Joshua Gans, University of Melbourne

Fiona Murray, MIT

Public Funding Restrictions and their Impact on the Rate and Direction of Scientific Research

10:15 am Coffee Break

10:30 am Shulamit Kahn, Boston University

Megan MacGarvie, Boston University and NBER

How Important is U.S. Location for Research in Science?

The Causes and Consequences of Directed Technical Change Scott Stern, Session Chair

11:15 am Ralf Meisenzahl, Northwestern University

Joel Mokyr, Northwestern University

The Rate and Direction of Invention in the British Industrial Revolution

12:00 pm Lunch (invites only)

1:00 pm Alexander Field, Santa Clara University

The Advesity/Hysteresis Effect: Depression Era Productivity Growth in the U.S. Railroad Sector

1:45 pm Josh Lerner, Harvard University and NBER

Peter Tufano, Harvard University and NBER

The Consequences of Financial Innovation: A Research Agenda

2:30 pm Coffee Break

2:45 pm Carl Shapiro, UC, Berkeley

Did Arrow Hit the Bull’s Eye?

3:30 pm Daron Acemoglu, MIT and NBER

Diversity and Technical Progress

4:15 pm Adjourn

7:00 pm Dinner (adult guests only)

Tuesday, July 14:

8:00 am Continental Breakfast (all guests)

Innovation Incentives Manuel Trajtenberg, Session Chair

8:25 am Opening Remarks, Manuel Trajtenberg, Tel Aviv University and NBER

8:35 am Petra Moser, Stanford University and NBER

Paul Rhode, University of Arizona and NBER

Do Patents Encourage Biological Innovation? Evidence from Hybrid Corn

9:20 am Timothy Bresnahan, Stanford University and NBER

Shane Greenstein, Northwestern University and NBER

Rebecca Henderson, MIT and NBER

Schumpeterian Competition and Diseconomies of Scope:Illustrations from Leading Historical Firms in Computing

10:05 am Coffee Break

Technology Entrepreneurship and the Market for Technology Josh Lerner, Session Chair

10:15 am Daniel Spulber, Northwestern University

How Entrepreneurs Affect the Rate and Direction of Inventive Activity

11:00 am Kevin Boudreau, London Business School

Karim Lakhani, Harvard University

Make, Buy or Open Innovation: Field Experimental Evidence

11:45 am Coffee Break

12:00 pm Ashish Arora, Carnegie Mellon University

Wesley Cohen, Duke University and NBER

Alfonso Gambardella, Bocconi University

Sadao Nagaoka, Hitotsubashi University

John Walsh, Georgia Institute of Technology

A Market-Enabled Division of Innovative Labor and the Pace of Innovation

12:45 pm Timothy Bresnahan, Stanford University and NBER

Generality, Recombination and Re-Use

1:30 pm Working Lunch

Benoit Godin, INRS, Montreal

A Historical Perspective on Technological Innovation Studies, 1960-2010

Josh Lerner, Harvard University and NBER

Scott Stern, Northwestern University and NBER

2:45 pm Adjourn

7:00 pm Dinner (all guests remaining)

6/24/09