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This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
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Is the United States in danger of losing its competitive edge in science and technology? This volume reviews the arguments surrounding this issue and contrasts them with relevant data, including trends in research and development investment; information on the size, composition, and pay of the...
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