Article Critique on U.S. Technological History

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Essay #: 057762
Total text length is 8,165 characters (approximately 5.6 pages).

Excerpts from the Paper

The beginning:
Article Critique on U.S. Technological History
In their article “The Reorganization of Inventive Activity in the United States during the Early Twentieth Century,” Lamoreaux, Sokoloff, and Sutthiphisal offer a novel argument about U.S. technological history, arguing that smaller, entrepreneurial enterprises in the East North Central region of the country contributed just as much inventive activity as the R&D labs of large organizations until the 1920s.
The authors make their argument against the backdrop of a line of traditionalist thinking according to which, over the course of the nineteenth century, U.S. inventive activity shifted its locus from the independent inventor to the corporate R&D lab. The authors agree with the...
The end:
.....t conducted by Cohen and Klepper, and by Cohen, Levin, and Mowery) has also confounded the correlation between firm size and R&D achievement. The data firmly suggest that inventive activity did not become a monopoly of the big labs until after the Great Depression.
References
Cohen, W.M. and Klepper, S. “A Reprise of Size and R&D.” Economic Journal 106 (July 1996): 925-51.
Cohen, W.M., Levin, R.C., and Mowery, D.C. “Firm Size and R&D Intensity: A Re-Examination.” Journal of Industrial Economics 25 (June 1987): 543-65.
Lamoreaux, N.R., Sokoloff, K.L., & Sutthiphisal, D. “The Reorganization of Inventive Activity in the United States during the Early Twentieth Century.” Working Paper 15440, National Bureau of Economic Research.