We study the optimal allocation of R&D resources in an endogenous growth model with an innovation network, through which one sector's past innovations may benefit other sectors' future innovations. First, we provide closed-form sufficient statistics for the optimal path of R&D resource...

Chapter 1. Introduction -- Chapter 2. Background Literature Review -- Chapter 3. The U.S Small Business Innovation Research Program -- Chapter 4. The 2005 National Research Council Database -- Chapter 5. Innovative Activity in Minority-Owned and Women-Owned Businesses -- Chapter 6. Estimating...

Research Joint Ventures (RJVs) are projects that combine the research resources of different firms. A sample of RJVs supported by the U.S. Advanced Technology Program shows that the projects yield revenues that are far less than costs. Related to this point, the RJVs are subject to...