r&d

Vital Assets:
Federal Investment
in Research and
Development at the
Nation’s Universities
and Colleges

The report from the RAND Corporation assesses the federal government’s investment in the research and development (R&D) being conducted at the nation’s universities and colleges. According to the report, R&D has grown considerably in recent
years and represents a pivotal part of the U.S. innovation system.

R&D Investments With Competitive Interactions

The report from the National Bureau of Economic Research develops a model to analyze patent-protected research and development (R&D) investment projects when there is competition in the development and marketing of the resulting product. Implementation of the model shows that competition in R&D not only increases production and reduces prices, but also shortens the time of developing the product and increases the probability of successful development.

Are R&D Subsidies a Substitute Or a Complement to Privately Funded R&D? Evidence from France Using Propensity Score Methods for Non-
Experimental Data

The study examines the effect of research and development (R&D) subsidies on the private funding of R&D in France. The author addresses this issue from the annual R&D survey over 1985-1997, which provides information about the R&D subsidies given by all the ministries to the firms having at least one full-time person working on R&D.

U.S. Industry Sustains R&D Expenditures During 2001 Despite Decline in Performers Aggregate Sales

The 2001 survey of industrial research and development (R&D) expenditures from the National Science Foundation (NSF) found that company funding of R&D totaled $181.6 billion in 2001. Before adjusting for inflation, the amount is up from the 2000 total of $180.4 billion. In constant dollars, industrial R&D expenditures declined less than one percent.

Voluntary R&D Cooperation in Experimental Duopoly Markets

The author examines whether for two different levels of technological spillovers, cooperative research and development (R&D) behavior voluntarily arises when firms have communication possibilities. Experimental results indicate that when technological spillovers are complete and subjects communicate, R&D decisions converge to the cooperative level, while in other cases R&D decisions converge towards the Nash equilibrium.

Corporate R&D and Productivity in Germany and the United Kingdom

The paper analyzes differences in research and development (R&D) spending and in the impact of R&D on productivity between German and UK firms. Using a dynamic production function approach, the authors find that the R&D output elasticity is approximately the same in both countries, implying a much larger rate of return on R&D in the UK than in Germany.