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Where do Innovations Come From?

In a working paper released by the Information Technology & Innovation Foundation, Fred Block and Matthew Keller use a unique data set of award-winning innovative technologies to argue that the nature of the U.S. innovation system has changed dramatically over the last 40 years. While in the 1970s winners of the R&D 100 awards were dominated by large corporations acting alone, in recent years over two-thirds of the winners have come from collaborations involving business and government, including federal labs and federally-funded university research.

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