Innovation policy and the economy.

• Position: Program and Working Group Meetings

The NBER's Working Group on Innovation Policy, supported by the Ewing Marion Kauffman Foundation, met in Washington, D.C., on April 18. Working Group Director Scott Stern of MIT and Research Associate Josh Lerner of Harvard University organized the meeting. These researchers' papers were presented and discussed:

* Glenn Ellison, MIT and NBER, and Sara Fisher Ellison, MIT, "Search and Obfuscation in a Technologically Changing Retail Environment: Some Thoughts on Implications and Policy"

* Steven N. Kaplan, University of Chicago and NBER, "Are U.S. Companies Too Short-Term Oriented? Some Thoughts"

* Aaron Chatterji, Duke University and...