• Corpus ID: 27704102

Killing the Golden Goose ? The changing nature of corporate research , 1980-2007

  title={Killing the Golden Goose ? The changing nature of corporate research , 1980-2007},
  author={Ashish Arora and Sharon Belenzon and Andrea Patacconi},
Scienti…c knowledge is believed to be the wellspring of innovation. Historically, …rms have also invested in research to fuel innovation and growth. In this paper, we document a shift away from research by large corporations, between 1980-2007. We …nd that publications by company scientists have declined over time in a range of industries. We also …nd that the value attributable to scienti…c research has dropped, whereas the value attributable to technical knowledge (as measured by patents) has… 
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