Belenzon, Sharon; Cioaca, Larisa C. - National Bureau of Economic Research - 2021
publications) and downstream (patents) corporate R&D. We document a positive effect of contracts on publications, and show that the … the firm's internal inventions, (ii) spill over to rivals' inventions, and (iii) are not protected by patents. However … transparency in contract awards. Following such policy reforms as the Federal Acquisition Streamlining Act of 1994, the share of R&D …