NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Impact of Artificial Intelligence on Innovation

Iain M. Cockburn, Rebecca Henderson, Scott Stern

NBER Working Paper No. 24449
Issued in March 2018

---- Acknowledgments ----

The authors would like to thank the organizers and participants at the first NBER conference on the Economics of Artificial Intelligence, and in particular our discussant Matthew Mitchell for many helpful suggestions and ideas. Michael Kearney provided extraordinary research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. Funding for this paper was provided by the MIT Sloan School of Management, by the HBS Division of Research and by the Questrom School of Management.

---- Disclosure of Financial Relationships for Scott Stern ----

Scott Stern periodically receives compensation for speaking about or consulting about innovation policy, typically at events organized by government agencies or other institutions in the policy process.

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