In this paper we present a detailed synthesis of the development of the Human Genome Project (HGP) from the mid 1980s through 2000, in order to test our hypothesis of “social bubbles”, which claims that strong social interactions between enthusiastic supporters weave a network of reinforcing...

Firms in export-oriented sectors with more exporters and more foreign investment, or firms with more access/use of credit, tend to export a higher share of their output, whether they are small or large. The latter points out that the benefits of size-neutral policies that improve the overall...

I present evidence to suggest that an important share of the apparent geographic localization of spillovers from industrial R&D may be an artifact of other agglomerative forces. A production-function framework is used to examine the role of geographic and technological proximity for interfirm...

There has been an increasing dispersion in earnings observed in many OECD countries over the last two decades along with shedding of low skill workers and increased demand for skilled workers. This has been attributed to a number of diffent causes including skill-biased technological change. In...

Although the empirical pattern of industry shakeout has been documented for many manufacturing industries, we know little about the processes by which market structure evolves in non-manufacturing service industries. This paper establishes detailed empirical observations about the consolidation...