• As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

R&D, Innovation, and Technological Progress: A Test of the Schumpeterian Framework without Scale Effects

The report establishes a connection among research and development intensity, patenting, technological change and economic growth. Two-digit SIC code industry data from U.S. manufacturing between 1963-1988 is used. The report suggests that policy makers may conclude from this research that efforts to increase the role of research and development in an economy will have a significant economic impact.