Examines varyinglevels of funding by U.S.companies for early-stage technology development (ESTD), across industries andfirms. For purposes of this study, ESTD is defined as the early development offundamentally new products or processes that lie outside of, or might be inconflict with, the...

In this paper we argue that specific institutional and behavioral disjunctures in the process of technology development may systematically impede the flow of financial and other resources to even the most promising nascent technology ventures. Our particular focus is on the role of technology...