Preface -- Introduction -- What is disruption? -- Sources of disruption -- Predicting disruption -- Managing disruption -- Self-disruption -- Insuring against disruption -- Re-examining disruption -- Future of disruption -- Notes -- Index

This paper evaluates whether the relative concentration of funding for small, research-oriented firms in a small number of high-technology industries is related to differences across industries in the appropriability level facing small firms. We exploit a novel test based on the relationship...