Changes

The following 13 papers were selected by Egan and Hernandez for study for the '''Innovation''' half of PHDBA279C 'Innovation and Strategy' (listed in alphabetical order, and '''A'''ccepted or '''R'''ejected by Mowery):#'''(A)''' Agrawal A., and R. Henderson (2002), "Putting Patents in Context: Exploring Knowledge Transfer from MIT", Management Science.[http://www.edegan.com/pdfs/Agrawal%20Henderson%20(2002)%20-%20Putting%20Patents%20in%20Context%20Exploring%20Knowledge%20Transfer%20from%20MIT.pdf pdf]#'''(R)''' Cockburn I., R. Henderson, and S. Stern (2000), "Untangling the origins of competitive advantage", Strategic Management Journal. [http://www.edegan.com/pdfs/Cockburn%20Henderson%20Stern%20(2000)%20-%20Untangling%20the%20origins%20of%20competitive%20advantage.pdf pdf]#'''(A)''' Cohen, W.M. and D.A. Levinthal (1990), "Absorptive Capacity: A New Perspective on Learning and Innovation," Administrative Sciences Quarterly 35, 569-596. [http://www.edegan.com/pdfs/Cohen%20Levinthal%20(1990)%20-%20Absorptive%20Capacity.pdf pdf]#'''(A)''' Gompers, P., J. Lerner, and D. Sharfstein (2003), "Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999," NBER working paper #9816. [http://www.edegan.com/pdfs/Gompers%20Lerner%20Sharfstein%20(2003)%20-%20Entrepreneurial%20Spawning.pdf pdf]#'''(R)''' Hall, B.H. (2004), "Exploring the Patent Explosion", NBER working paper #10605. [http://www.edegan.com/pdfs/Hall%20(2004)%20-%20Exploring%20the%20Patent%20Explosion.pdf pdf]#'''(A)''' Henderson R.M. & K.B. Clark (1990), "Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms", Administrative Science Quarterly. [http://www.edegan.com/pdfs/Henderson%20Clark%20(1990)%20-%20Architectural%20Innovation.pdf pdf]#'''(A)''' Lamoreaux, N. and K. Sokoloff (2005), "Decline of the Independent Inventor: A Schumpeterian Story", NBER working paper #11654. [http://www.edegan.com/pdfs/Lamoreaux%20Sokoloff%20(2005)%20-%20Decline%20of%20the%20Independent%20Inventor.pdf pdf]#'''(A)''' Mowery D., & A. Ziedonis, (2001), "Numbers, Quality, & Entry: How Has the Bayh-Dole Act Affected U.S. University Patenting and Licensing?", in Innovation Policy and the Economy, NBER. [http://www.edegan.com/pdfs/Mowery%20Ziedonis%20(2001)%20-%20How%20Has%20the%20Bayh%20Dole%20Act%20Affected%20US%20University%20Patenting%20and%20Licensing.pdf pdf]#'''(R)''' Mowery, D.C. (2009), "Plus ca change: Industrial R&D in the Third Industrial Revolution", forthcoming, Industrial and Corporate Change. [http://www.edegan.com/pdfs/Mowery%20%20(2009)%20-%20Plus%20ca%20change.pdf pdf]#'''(A)''' Murray F., and S. Stern (2005), "Do formal intellectual property rights hinder the free flow of scientific knowledge? An empirical test of the anti-commons hypothesis", NBER working paper #11465. [http://www.edegan.com/pdfs/Murray%20Stern%20(2005)%20-%20Do%20formal%20intellectual%20property%20rights%20hinder%20the%20free%20flow%20of%20scientific%20knowledge.pdf pdf]#'''(A)''' Teece, D.J. (1986), "Profiting from technological innovation: Implications for integration, collaboration, licensing, and public policy," Research Policy. [http://www.edegan.com/pdfs/Teece%20(1986)%20-%20Profiting%20from%20technological%20innovation.pdf pdf]#'''(A)''' Thursby J., A. Fuller, & M. Thursby (2007), "US Faculty Patenting Inside and Outside the University", NBER working paper #13256. [http://www.edegan.com/pdfs/Thursby%20Fuller%20Thursby%20(2007)%20-%20US%20Faculty%20Patenting%20Inside%20and%20Outside%20the%20University.pdf pdf]#'''(A)''' Ziedonis, R.H. (2004), "Don't fence me in: Fragmented markets for technology and the patent acquisition strategies of firms", Management Science. [http://www.edegan.com/pdfs/Ziedonis%20(2004)%20-%20Dont%20fence%20me%20in.pdf pdf]

The following papers were added by Mowery:*Nelson, R.R. (1959), "The Simple Economics of Basic Scientific Research", Journal of Political Economy 67, 297-306. [http://www.edegan.com/pdfs/Nelson%20(1959)%20-%20The%20Simple%20Economics%20of%20Basic%20Scientific%20Research.pdf pdf]*Arrow, K.J. (1958), "Economic Welfare and the Allocation of Resources for Innovation" in idem., Essays in the Theory of Risk Bearing. [http://www.edegan.com/pdfs/Arrow%20(1959)%20-%20Economic%20Welfare%20and%20the%20Allocation%20of%20Resources%20for%20Invention.pdf pdf] The rejection of Mowery (2009) and Hall (2004) were somewhat shocking given the previous exams, and should be included. The following papers were included in a shortlist by Shelef, Thompson, et al.:*Walsh J., M. Cho, and W. Cohen (2007), "Where excludability matters: material vs. intellectual property in academic biomedical research", Research Policy. [http://www.edegan.com/pdfs/Walsh%20Cho%20Cohen%20(2007)%20-%20Where%20excludability%20matters.pdf pdf]*Anderson P. and M. Tushman (1990), "Technological Discontinuities and Dominant Designs: A Cyclical Model of Technological Change", ASQ. [http://www.edegan.com/pdfs/Anderson%20Tushman%20(1990)%20-%20Technological%20Discontinuities%20and%20Dominant%20Designs.pdf pdf]*Klepper S. (2008), "Silicon Valley - A chip off the old Detroit bloc", forthcoming in D. Audretsch and R. Strom, eds., Entrepreneurship, Growth and Public Policy, Cambridge University Press. [http://www.edegan.com/pdfs/Klepper%20(2008)%20-%20Silicon%20Valley%20A%20chip%20off%20the%20old%20Detroit%20bloc.pdf pdf]*Stuart, T.E. and O. Sorenson (2003), "Liquidity events and the geographic distribution of entrepreneurial activity," ASQ.[http://www.edegan.com/pdfs/Stuart%20Sorenson%20(2003)%20-%20Liquidity%20events%20and%20the%20geographic%20distribution%20of%20entrepreneurial%20activity.pdf pdf] The following additional papers have featured in past exams:*Merges, R. P. (1999), "As Many as Six Impossible Patents before Breakfast: Property Rights for Business Concepts and Patent System Reform", Berkeley Technology Law Journal. [http://www.edegan.com/pdfs/Merges%20(1999)%20-%20As%20Many%20as%20Six%20Impossible%20Patents%20before%20Breakfast.pdf pdf] ===Strategy (Dal Bo, Tadelis , and de Figueiredo)===

Selected papersby Egan ('''A'''ccepted or '''R'''ejected by Dal Bo):*'''(A)''' Hotelling, H. (1929), "Stability in competition", Economic Journal 39, 41-57. [http://www.edegan.com/pdfs/Hotelling%20(1929)%20-%20Stability%20in%20competition.pdf pdf]*'''(A)''' Salop (1979), "Monopolistic competition with outside goods", Bell Journal of Economics 10, 141-156. [http://www.edegan.com/pdfs/Salop%20(1979)%20-%20Monopolistic%20competition%20with%20outside%20goods.pdf pdf]*'''(A)''' Dixit, A. and J. Stiglitz (1977), "Monopolistic competition and optimum product diversity", American Economic Review 67, 297-308. [http://www.edegan.com/pdfs/Dixit%20Stiglitz%20(1977)%20-%20Monopolistic%20competition%20and%20optimum%20product%20diversity.pdf pdf]*'''(R)''' Spence, M. (1976), "Product selection, fixed costs and monopolistic competition", Review of Economic Studies 43, 217-235. (Optional Reading) [http://www.edegan.com/pdfs/Spence%20(1976)%20-%20Product%20selection%20fixed%20costs%20and%20monopolistic%20competition.pdf pdf]*'''(A)''' Shaked, A. and J. Sutton (1982), "Relaxing price competition through product differentiation", Review of Economic Studies 49, 3-13. [http://www.edegan.com/pdfs/Shaked%20Sutton%20(1982)%20-%20Relaxing%20price%20competition%20through%20product%20differentiation.pdf pdf]

Selected papersby Egan ('''A'''ccepted or '''R'''ejected by Dal Bo):*'''(A)''' Holmstrom, Bengt and Paul Milgrom (1991), "Multi-Task Principal-Agent Analyses: Linear Contracts, Asset Ownership and Job Design", Journal of Law, Economics and Organization, Vol. 7, pp. 24-52. [http://www.edegan.com/pdfs/Holmstrom%20Milgrom%20(1991)%20-%20Multi%20Task%20Principal%20Agent%20Analyses.pdf pdf]*'''(A)''' Grossman, Sanford J. and Oliver D. Hart (1986), "The Costs and Benefits of Ownership: A Theory of Vertical Integration", Journal of Political Economy, vol.94, pp. 691-719. [http://www.edegan.com/pdfs/Grossman%20Hart%20(1986)%20-%20The%20Costs%20and%20Benefits%20of%20Ownership.pdf pdf]*'''(R)''' Gibbons, Robert (2005), "Four formal(izable) theories of the firm?", Journal of Economic Behavior & Organization, vol. 58, pp.200-245. [http://www.edegan.com/pdfs/Gibbons%20(2005)%20-%20Four%20formalizable%20theories%20of%20the%20firm.pdf pdf]*'''(A)''' Baker, George and Thomas Hubbard (2004), "Contractibility and Asset Ownership: On-Board Computers and Governance in U.S. Trucking", Quarterly Journal of Economics, 119, pp.1443-79. [http://www.edegan.com/pdfs/Baker%20Hubbard%20(2004)%20-%20Contractibility%20and%20Asset%20Ownership.pdf pdf] Note: Given the focus on theory in Steve's classes, focus should be placed on the first two papers. The following papers were added by Hernandez:

*BakerWoodruff, George and Thomas Hubbard Christopher (20042002), "Contractibility and Asset Ownership: OnNon-Board Computers contractible Investment and Governance Vertical Integration in U.S. Truckingthe Mexican Footwear Industry", Quarterly International Journal of EconomicsIndustrial Organization, 11920, pp.14431197-791224. [http://www.edegan.com/pdfs/Baker%20HubbardWoodruff%20(20042002)%20-%20Contractibility20Noncontractible%20Investment%20and%20Asset20Vertical%20Integration%20in%20the%20Mexican%20Footwear%20Ownership20Industry.pdf pdf]

Selected papersby Egan ('''A'''ccepted or '''R'''ejected by de Figueiredo):*'''(A)''' Teece, D., G. Pisano and A. Shuen (1997), "Dynamic capabilities and strategic management", Strategic Management Journal, 18, pp.509-533. [http://www.edegan.com/pdfs/Teece%20Pisano%20Shuen%20(1997)%20-%20Dynamic%20capabilities%20and%20strategic%20management.pdf pdf]*'''(A)''' Eisenhardt, K., and J. Martin (2000), "Dynamic capabilities: what are they?", Strategic Management Journal, 21, pp.1105-1121. [http://www.edegan.com/pdfs/Eisenhardt%20Martin%20(2000)%20-%20Dynamic%20capabilities%20what%20are%20they.pdf pdf]*'''(R)''' Winter, S. (2003), "Understanding dynamic capabilities", Strategic Management Journal, 24, pp.991-995. [http://www.edegan.com/pdfs/Winter%20(2003)%20-%20Understanding%20dynamic%20capabilities.pdf pdf]*'''(A)''' Teece, D. (1982), "Towards an economic theory of the multiproduct firm", Journal of Economic Behavior and organization, 3, pp.39-63. [http://www.edegan.com/pdfs/Teece%20(1982)%20-%20Towards%20an%20economic%20theory%20of%20the%20multiproduct%20firm.pdf pdf]*'''(A)''' Montgomery, C. (1994), "Corporate diversification", Journal of Economic Perspectives, 8, pp.163-178. [http://www.edegan.com/pdfs/Montgomery%20(1994)%20-%20Corporate%20diversification.pdf pdf] Note: Rui did not actually "reject" or "accept", rather he said to place less or more focus on certain papers.