@TechReport{iza:izadps:dp10815,
            	author={Kim, Jinyoung},
            	title={Racing against Time in Research: A Study of the 1995 U.S. Patent Law Amendment},
            	year={2017},
	month={May},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={10815},
            	url={https://www.iza.org/index.php/publications/dp10815},
	abstract={Teamwork in research has been on the rise and so has the size of R&D teams. This paper offers an explanation for increasing team size that we call the "racing against time" hypothesis: With innovation races more competitive globally, R&D firms need to finish research projects as quickly as possible and therefore have an incentive to put together a team with more R&D personnel. We test this hypothesis against a natural experiment that took place in 1995 when the U.S. patent law was amended. },
	keywords={patent;R&D;team size;teamwork;racing against time},
            }