NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Innovation Policy and the Economy

Adam Jaffe, Joshua Lerner, and Scott Stern: Organizers

April 13, 2004

National Press Club

529 14th Street

Washington, DC

PROGRAM

8:30 AM	Continental Breakfast

9:00 AM	ASHISH ARORA, Carnegie Mellon University

The Globalization of the Software Industry:

Perspectives and Opportunities for Developed and Developing Countries

9:45 AM	WILLIAM BAUMOL, New York University

Education for Innovation:

Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements

10:25 AM	Break

10:40 AM	MARYANN FELDMAN and ROGER MARTIN, University of Toronto

Jurisdictional Advantage:

Why Location and Local Economic Development Policy Matter

11:20 AM	Break

11:30 AM	R. GLENN HUBBARD, Columbia University and NBER

WILLIAM GENTRY, Williams College and NBER

"Success Taxes," Entrepreneurial Entry, and Innovation

12:10 PM	MICHAEL KATZ, UC, Berkeley

Merger Policy and Innovation:

Must Enforcement Change to Account for Technological Change?

1:00 PM	Luncheon

3/31/04