Title: Productivity, R&D, and the Basic Research at the Firm Level in the 1970's
Abstract: A new data set for approximately 1,000 largest manufacturing firms inthe United States during 1957-77 is analyzed using a standard production function framework augmented by the addition of RD that the contribution of basic research was significantly higher than its nominal ratio would imply; and that federally financed R&D expenditures had a positive but smaller effect on the productivity growth of these firms than the comparable contribution of privately financed R&D expenditures. Copyright 1986 by American Economic Association.
Publication Year: 1986
Publication Date: 1986-01-01
Language: en
Type: article
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Cited By Count: 853
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