Productivity, Innovation, and Entrepreneurship.

• Position: Program and Working Group Meetings

The NBER's Productivity, Innovation, and Entrepreneurship Program, co-directed by Nicholas Bloom of Stanford University and Josh Lerner of Harvard University, met in Cambridge on March 21, 2014. The following papers were discussed:

* Pian Shu, Harvard University, "Career Choice and Skill Development of MIT Graduates: Are the 'Best and Brightest' Going into Finance ?"

* W. Walker Hanlon, University of California, Los Angeles and NBER, and Antonio Miscio, Columbia University, "Agglomeration: A Dynamic Approach"

* Pierre Azoulay, MIT and NBER; Joshua Graff Zivin, University of California, San Diego and NBER; Danielle Li,

Northwestern University; and Bhaven Sampat, Columbia University and NBER, "Public R&D Investments and Private Sector Patenting: Evidence from NIH Funding Rules"

* Ajay Agrawal, University of Toronto and NBER; Carlos Rosell, Department of Finance, Canada; and Timothy Simcoe, Boston University and NBER, "How Do Tax Credits Affect R&D Expenditures by Small Firms ? Evidence from...