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Science, Technology and The Economy

Organized by James Heckman, Ariel Pakes, and Kenneth Sokoloff


(Yale University and NBER and University of California, Los Angeles and NBER)

At the request of James Heckman, University of Chicago and NBER

October 20-22, 1995
Irvine, CA

Friday, October 20
Session One

Trends and Patterns in Research and Development Expenditures in the U.S. from an International Perspective
Adam Jaffe, Bradeis University and NBER

The Estimation of Returns to Basic Research
James Adams, University of Florida and Zvi Griliches, Harvard University and NBER
Ed Learner, University of California, Los Angeles, Discussant

The Contribution of Universities to Basic Research
Adam Jaffe, Brandeis University and NBER and Manuel Trajtenberg, Tel Aviv University and NBER
Bronwyn Hall, University of California, Berkeley, Discussant

The Future of the National Research Labs
Linda Cohen, University of California, Irvine and Roger Noll, Stanford University
John Alic, Office of Technology Assessment, U.S. Congress, Discussant

Analytical Puzzles in Science and Technology Policy
Keith Pavitt, University of Sussex
Richard Nelson, Columbia Business School, Discussant

Saturday, October 21
Session Two

Subject of Paper Not Yet Specified
Nathan Rosenberg, Stanford University and Richard Nelson, Columbia Business School
Joel Mokyr, Northwestern University, Discussant

Long-Term Change in the Organization of Inventive Activity
Naomi Lamoreaux, Brown University and NBER and Kenneth Sokoloff, University of California, Los Angeles and NBER
David Mowery, University of California, Berkeley, Discussant

Issues in the Path Dependence of Technological Developments, as Reflected in History
Paul David, Stanford University and Oxford University
Lance Davis, California Institute of Technology, Division of Social Sciences and Humanities, Discussant

Session Three

Returns in Terms of Patent Outcomes to Advances in Medical Procedures
Mark McClelland, Stanford University and NBER
Johnathan Skinner, University of Virginia, Discussant

Patterns of Invention and Innovation in the Biotechnology Industry
Michael Darby, University of California, Los Angeles and NBER and Lynn Zucker, University of California, Los Angeles
Joshua Lerner, Harvard Business School, Discussant

Market Structure and Incentives to Develop Medical Technologies
Alan Garber, Stanford University and NBER and Paul Romer, University of California Berkeley and NBER
Mark Pauly, University of Pennsylvania, Discussant

Quality, Change and the Pricing of Pharmaceutical Products
Ian Cockburn, University of British Columbia and NBER and Rebecca Henderson, Massachusetts Institute of Technology
Suzanne Scotchmer, University of California, Berkeley, Discussant

Improvements in Health and Their Relation to Economic Growth from a Long-Run Perspective
Robert Fogel, University of Chicago and NBER
Joel Mokyr, Northwestern University, Discussant

Session Four

Sematech: Purpose and Performance
Douglas Irwin, University of Chicago and Peter Klenow, University of Chicago
Louis Branscomb, Kennedy School of Government, Discussant

Patterns and Measurement of Technological Change in the Automobile Industry
Steven Berry, Yale University and NBER , Samuel Kortum, Boston University and NBER and Ariel Pakes, Yale University and NBER
Louis Branscomb, Kennedy School of Government, Discussant

The Challenge of Contracting for Knowledge
Richard Zeckhauser, Harvard University and NBER
Alan Schwartz, Yale Law School, Discussant

Antitrust and Intellectual Property
Richard Gilbert, University of California, Berkeley and Carl Shapiro, University of California, Berkeley
Joseph Farrell, University of California, Berkeley, Discussant

Interaction Between Technological Change and the Tate of Return to Human Capital
Kevin Murphy, University of Chicago and NBER and Finis Welch, Texas A&M

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