Tuesday, July 18
8:30 am
Coffee and pastries
9:00 am

What do Editors Maximize? Evidence from Four Leading Economics Journals

David Card, University of California, Berkeley and NBER
Stefano DellaVigna, University of California, Berkeley and NBER

Discussant:
Glenn Ellison, Massachusetts Institute of Technology and NBER
9:50 am

Managing R&D Risk in Healthcare via FDA Hedges

Adam Jorring, University of Chicago
Andrew W. Lo, Massachusetts Institute of Technology and NBER
Tomas Philipson, University of Chicago and NBER
Manita Singh, Goldman Sachs and MIT Laboratory for Financial Engineering
Richard T. Thakor, University of Minnesota

Discussant:
Josh Lerner, Harvard University and NBER
10:40 am
Break
11:00 am

Trials and Terminations: Learning from Competitors' Failures in Drug Development

Joshua L. Krieger, Harvard University

Discussant:
Marvin Lieberman, University of California at Los Angeles
11:50 am
Lunch
1:00 pm

The Elasticity of the Direction of Science

Kyle R. Myers, Harvard University and NBER

Discussant:
Pierre Azoulay, Massachusetts Institute of Technology and NBER
1:50 pm

Does Economic Insecurity Affect Employee Innovation?

Shai Bernstein, Harvard University and NBER
Timothy McQuade, University of California, Berkeley and NBER
Richard Townsend, University of California, San Diego and NBER

Discussant:
Ramana Nanda, Imperial College London
2:40 pm
Break
3:00 pm

Effects of Regulatory Capture: Evidence from Patent Examiners

Haris Tabakovic, The Brattle Group
Thomas G. Wollmann, University of Chicago and NBER

Discussant:
Iain M. Cockburn, Boston University and NBER
3:50 pm
Break
4:00 pm
Panel: Is Short-Termism Killing the American Innovation Engine?
Moderator: Rebecca Henderson, Harvard University and NBER
Ashish Arora, Duke University and NBER
Steven N. Kaplan, University of Chicago and NBER
Karen Mills, Harvard University

Are U.S. Companies Too Short-Term Oriented? Some Thoughts

Steven N. Kaplan, University of Chicago and NBER
5:15 pm
Adjourn and reception
Wednesday, July 19
8:30 am
Coffee and pastries
9:00 am

The Impact of Exports on Innovation: Theory and Evidence

Philippe Aghion, London School of Economics
Antonin Bergeaud, HEC Paris
Matthieu Lequien, INSEE
Marc Melitz, Harvard University and NBER

Discussant:
Stephen J. Redding, Princeton University and NBER
9:50 am

Does Offshoring Manufacturing Harm Innovation in the Home Country? Evidence from Taiwan and China

Lee G. Branstetter, Carnegie Mellon University and NBER
Jong-Rong Chen, National Central University
Britta M. Glennon, University of Pennsylvania and NBER
Chih-Hai Yang, National Central University
Nikolas Zolas, U.S. Department of State

Discussant:
John Van Reenen, London School of Economics and NBER
10:40 am
Break
11:00 am

Foreign Competition and Domestic Innovation: Evidence from US Patents

David Autor, Massachusetts Institute of Technology and NBER
David Dorn, University of Zurich
Gordon H. Hanson, Harvard University and NBER
Pian Shu, Harvard University
Gary Pisano, Harvard University

Discussant:
Samuel S. Kortum, Yale University
11:50 am
Lunch
Afternoon joint with Productivity, Development, and Entrepreneurship
1:30 pm

E-Commerce Integration and Economic Development: Evidence from China

Victor Couture, University of Toronto
Benjamin Faber, University of California, Berkeley and NBER
Yizhen Gu, Peking University
Lizhi Liu, Georgetown University

Discussant:
Jonas Hjort, University College London
2:15 pm

The Rise of American Ingenuity: Innovation and Inventors of the Golden Age

Ufuk Akcigit, University of Chicago and NBER
John Grigsby, Princeton University and NBER
Tom Nicholas, Harvard University

Discussant:
Scott Stern, Massachusetts Institute of Technology and NBER
3:00 pm
Break
3:15 pm

Measuring Technological Innovation over the Long Run

Bryan T. Kelly, Yale University and NBER
Dimitris Papanikolaou, Northwestern University and NBER
Amit Seru, Stanford University and NBER
Matt Taddy, Amazon

Discussant:
Diego A. Comin, Dartmouth College and NBER
4:00 pm
Adjourn