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Public Sector EntrepreneurshipU.S. Technology and Innovation Policy$
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Dennis Patrick Leyden and Albert N. Link

Print publication date: 2015

Print ISBN-13: 9780199313853

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199313853.001.0001

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Concluding Observations

Concluding Observations

Chapter:
(p.202) 12 Concluding Observations
Source:
Public Sector Entrepreneurship
Author(s):

Dennis Patrick Leyden

Albert N. Link

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199313853.003.0012

This chapter summarize the arguments from the previous chapters regarding the six examples of public sector entrepreneurship (the Bayh-Dole Act of 1980, the Stevenson-Wydler Act of 1980, the R&E Tax Credit of 1981, the Small Business Innovation Development Act of 1982, the National Cooperative Research Act of 1984, and the Omnibus Trade and Competitiveness Act of 1988), and presents descriptive information and empirical data, analyzed through a simple model of total factor productivity, to provide evidence that US entrepreneurial technology and innovation policies have had a positive impact on US R&D spending and productivity growth.

Keywords:   economic growth, networks, R&D investments, public sector entrepreneurship, cooperative research, total factor productivity

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