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Enterprise and Society Advance Access originally published online on January 22, 2009
Enterprise and Society 2009 10(1):227-230; doi:10.1093/es/khn115
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© The Author 2009. Published by Oxford University Press on behalf of the Business History Conference. All rights reserved. For permissions, please e-mail: journals.permissions@oxfordjournals.org.

Naomi R. Lamoreaux and Kenneth L. Sokoloff, eds. Financing Innovation: In the United States, 1870 to the Present

Naomi R. Lamoreaux and Kenneth L. Sokoloff, eds. Financing Innovation: In the United States, 1870 to the Present. xii + 503 pp. ISBN 0-262-12289-8, $45.00.

The first 10% of the full text of this article appears below.

This edited volume makes a large and welcome contribution to our understanding of the history of entrepreneurial finance in the United States. The focus of the volume is on innovation by both corporations and entrepreneurs. It examines all the important forms of financing, including wealthy individuals (who we now call angels), venture capital, government financing and debt. Scholars of many disciplines, including economics, finance, entrepreneurship, business history, and organizational networks will find this volume to be of interest and the essays can be read either selectively or globally.

Lamoreaux and Sokoloff's introduction is a significant chapter in itself, providing a rich historical analysis of the rise of the U.S. patenting system. The editors also provide a . . . [Full Text of this Article]

Brian L. King

McGill University


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