References

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Baker, George P. 1990. Incentive contracts and performance measurement. May 18. Photocopy.

Baker, George P., Michael C. Jensen, and Kevin J. Murphy. 1988. Compensation and incentives: Practice vs. theory. The Journal of Finance 43(3):593-616.

Baldwin, Carliss Y. 1990. How capital budgeting deters innovation--and what companies can do about it. Harvard Business School. July. Photocopy.

Blair, Margaret Mendenhall. 1990. A surprising culprit behind the rush to leverage. The Brookings Review (Winter):19-26.

Brooks, Harvey. 1986. National science policy and technological innovation. Pp. 119-167 in The Positive Sum Strategy, R. Landau and N. Rosenberg, eds. Washington, D.C.: National Academy Press.


Cantor, Richard. 1990. Effects of leverage on corporate investment and hiring decisions. Federal Reserve Bank of New York Quarterly Review (Summer 1990). Photocopy.

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References Abuaf, Niso, and Kathleen Carmody. 1990. The Cost of Capital in Japan and the United States: A Tale of Two Markets. Salomon Brothers. Financial Strategy Group. July. Baker, George P. 1990. Incentive contracts and performance measurement. May 18. Photocopy. Baker, George P., Michael C. Jensen, and Kevin J. Murphy. 1988. Compensation and incentives: Practice vs. theory. The Journal of Finance 43(3):593-616. Baldwin, Carliss Y. 1990. How capital budgeting deters innovation--and what companies can do about it. Harvard Business School. July. Photocopy. Blair, Margaret Mendenhall. 1990. A surprising culprit behind the rush to leverage. The Brookings Review (Winter):19-26. Brooks, Harvey. 1986. National science policy and technological innovation. Pp. 119-167 in The Positive Sum Strategy, R. Landau and N. Rosenberg, eds. Washington, D.C.: National Academy Press. Cantor, Richard. 1990. Effects of leverage on corporate investment and hiring decisions. Federal Reserve Bank of New York Quarterly Review (Summer 1990). Photocopy. Carnegie Commission on Science, Technology, and Government. 1991. Technology and Economic Performance: Organizing the Executive Branch for a Stronger National Technology Base. September. Chandler, Alfred D., Jr. 1990. Scale and Scope: The Dynamics of Industrial Capitalism. Boston, Mass.: Belknap Press of Harvard University Press. Coffee, John C., Jr., Louis Lowenstein, Susan Rose-Ackerman, eds. 1988. Knights, Raiders, and Targets: The Impact of the Hostile Takeover. New York: Oxford University Press. Congressional Budget Office, Congress of the United States. 1991a. Capital Gains Taxes in the Short Run. A CBO Study.

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nology and economics. Pp. 65-76 in Technology and Economics, Papers commemorating Ralph Landau's service to the National Academy of Engineering. Washington, D.C.: National Academy Press. Hatsopoulos, George N., and Stephen H. Brooks. 1986. The gap in the cost of capital: Causes, effects, and remedies. Pp. 221-280 in Technology and Economic Policy, R. Landau and D. W. Jorgenson, eds. Cambridge, Mass. : Ballinger Publishing Company. Hatsopoulos, George N., Paul R. Krugman, Lawrence H. Summers. 1988. U.S. competitiveness: Beyond the trade deficit. Science 241:299-307. Hayes, Robert H., Steven C. Wheelwright, Kim B. Clark. 1988. Dynamic Manufacturing: Creating the Learning Organization. New York: Free Press. Hertenstein, Julie H. 1988. Bridging the gap between financial analysis and financial value. Harvard University. August. Photocopy. Hertenstein, Julie H. 1990. Designing procedures to disclose value in capital budgeting: A field study. Presented at the International Conference on Research in Management Control Systems, London Business School, July 10-12, 1989. Working Paper, revised April 1990. Photocopy. House, Charles H., and Raymond L. Price. 1991. The returning map: Tracking product teams. Harvard Business Review (Jan-Feb):92-100. Jacobs, Michael T. 1991. Short-Term America: The Cause and Cure of Our Business Myopia. Boston: Harvard Business School Press. Jensen, Michael C., and Kevin J. Murphy. 1990. CEO incentives--It's not how much you pay, but how. Harvard Business Review (May-Jun):138-153. Johnson, Chalmers, ed. 1984. The Industrial Policy Debate. San Francisco: ICS Press. Johnson, Elmer W. 1990. An insider's call for outside direction. Harvard Business Review (Mar-Apr):46-55. Kester, W. Carl, and Timothy A. Luehrman. 1989. Real interests rates and the cost of capital: A comparison of the United States and Japan. Japan and the World Economy 1:279-301. Kester, W. Carl, and Timothy A. Luehrman. 1990. The Price of Risk in the United States and Japan. Harvard Business School Working Paper 90-050. October. Also in Japan and the World Economy 3(1991):223-242. Landau, Ralph, and Dale W. Jorgenson, eds. 1986. Technology and Economic Policy. Cambridge, Mass: Ballinger Publishing Company. Lee, Thomas E., and Proctor P. Reid, eds. 1991. National Interests in an Age of Global Technology. Committee on Engineering as an International Enterprise, National Academy of Engineering. Washington, D.C.: National Academy Press. 1991. McCartney, Robert J. April 8, 1990. New takeover tactic: Ballots instead of bonds. Washington Post. H1, H10. McCauley, Robert N., and Steven A. Zimmer. 1989. Explaining international differences in the cost of capital. Federal Reserve Bank of New York Quarterly Review (Summer):7-28. Nachbar, John H. 1990. The cost of capital in the United States and Japan: A survey of some recent literature. Rand Corporation Report N-3088-CUSJR. September.

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National Research Council. 1987. Agricultural Biotechnology: Strategies for National Competitiveness. Committee on a National Strategy for Biotechnology in Agriculture, Board on Agriculture. Washington, D.C.: National Academy Press. National Science Board Committee on Industrial Support for R&D. 1991. Why U.S. technology leadership is eroding. Research & Technology Management (Mar-Apr):36-42. Nelson, Richard R., ed. 1982. Government and Technical Progress. New York: Pergamon Press. Patton, Arch, and John C. Baker. 1987. Why won't directors rock the boat? Harvard Business Review (Nov-Dec):10-18. Porter, Michael E. 1990. The Competitive Advantage of Nations. New York: Free Press. Ravenscraft, David J., and F. M. Scherer. 1987. Mergers, Sell-Offs, and Economic Efficiency. Washington, D.C.: The Brookings Institution. Rothwell, Roy, and Walter Zegveld. 1981. Industrial Innovation and Public Policy: Preparing for the 1980s and the 1990s. Westport, Conn.: Greenwood Press. Sahlman, William A. 1990. The structure and governance of venture-capital organizations. Journal of Financial Economics 27(2):473-521. Salomon Brothers Inc. 1990. The Role of Institutional Investors in Corporate Governance. Working Paper. Shoven, John B. 1990. Alternative tax policies to lower the U.S. cost of capital. Business taxes, capital costs and competitiveness. American Council for Capital Formation Center for Policy Research. July. Steele, Lowell W., and N. Bruce Hannay. 1985. The Competitive Status of U.S. Industry—An Overview. Washington D.C.: National Academy of Press. Teece, David J. 1987. Capturing value from technological innovation: Integration, strategic partnering, and licensing decisions. Pp. 65-96 in Technology and Global Industry, B. R. Guile and H. Brooks, eds. Washington, D.C.: National Academy Press. U.S. Congress, Office of Technology Assessment. 1990. Making Things Better: Competing in Manufacturing. Washington, D.C.: U.S. Government Printing Office. U.S. Treasury Bulletin. June 1991. U.S. Department of the Treasury, Washington, D.C.

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