US State governments invest in early-stage innovative activity as an economic development strategy. Nevertheless, attention directed at the public sector's role in this capacity has been placed on federal policy actions overlooking the growing role of states. The primary aims of this paper are...

The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...