Following the passage of the Celler-Kefauver Act in 1950, courts began applying Section 7 of the Clayton Act to conglomerate mergers. In recent years, however, conglomerate merger enforcement has been largely dormant. Yet during the same period when enforcement practices turned their focus away...

In this exciting work, Link and Scott summarize more than a decade of their research on public support of R&D in small, entrepreneurial firms, concluding public R&D investments, primarily funded by the U.S. Small Business Innovation Research (SBIR) program, are indeed bending the arc of...

In recent years, there has been a substantial increase in public and private investment in university research parks (URPs). URPs are important as an infrastructural mechanism for the transfer of academic research findings, as a source of knowledge spillovers, and as a catalyst for national and...

Contents: 1. Introduction -- Part I Counterfactual evaluation method -- 2. The theory and practice of public-sector r&d economic impact analysis -- 3. An economic evaluation of the Baldrige national quality program -- 4. On the social value of quality: an economic evaluation of the Baldrige...