r&d

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

January 01, 2003

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.

Knowledge Spillovers, Location of Industry, and Endogenous Growth

January 01, 2003

The author presents an endogenous growth model that studies the effects of local inter-industry and intra-industry knowledge spillovers in R&D on the allocation of economic activities between two regions.

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

January 01, 2003

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.

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

January 01, 2003

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.

Impact of Academic Research on Industrial Performance

January 01, 2003

The study documents the contributions of university research to five very different industry sectors and provides a qualitative assessment of the impact
of that research.

Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms

January 01, 2003

The paper analyses the impact of research and development subsidies on incumbent firms to introduce new goods. Findings indicate that find that the innovator always introduces a new product of higher quality and withdraws the existing
product from the market.

Learning, Internal Research, and Spillovers: Evidence from a Sample of Industrial R&D Laboratories

January 01, 2003

The paper presents new evidence on the practice of industrial research and development (R&D), specifically the allocation between learning and internal research, and the role of outside knowledge, as represented by R&D spillovers in reshaping this allocation.

Influence of Federal Laboratory R&D On Industrial Research

January 01, 2003

The paper studies the influence of research and development in the federal laboratory system Results are based on a sample of 220 industrial research laboratories that work with a variety of
federal laboratories and agencies and are owned by 115 firms in the chemicals, machinery, electrical equipment, and motor vehicles industries.

Fundamental R&D Spillovers and The Internationalization of A Firms Research Activities

January 01, 2003

The report proposes a conceptual framework for analyzing how differences in national research and development (R&D) stocks can impact a firms decision to internationalize its R&D activities. A central finding is that the integration of product markets can generate an added incentive to undertake R&D abroad.

Outsourcing of R&D Through Acquisitions in the Pharmaceutical Industry

January 01, 2003

The report examines the performance of acquirers of 160 biotechnology firms and finds evidence that generally, the acquirers realize significant positive returns, which is positively correlated with the acquirers access to information about the research and development activities.

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