The authors empirically examine reports of positive and equivalent research and development (R&D) spillovers across groups of countries by extending both the time span and the coverage of R&D activities in the data set. Findings indicate that the elasticity of total factor productivity with respect to domestic and foreign R&D stocks is extremely heterogeneous across countries and that data cannot be pooled.
Using an original panel data set comprised of over 300 leading Japanese R&D-performing firms, the authors seek to measure changes in the connection between science and Japanese industrial technology by using data on the citations to scientific articles appearing in the U.S. patents of these firms.
The authors use a newly constructed panel dataset of firms that are publicly traded in France, Germany, and Italy. They find that the relative shadow value of research and development (R&D) in France and Germany is remarkably similar both to each other and to that in the U.S. or the United Kingdom. During the same period In contrast, R&D in publicly traded Italian firms is not valued by financial markets on average.
The authors find that under takeover threats, target firms may nevertheless increase R&D investment in order to signal their compatibility with the acquiring firm.
The statistical report from the National Science Foundation includes 112 tables reporting federal research and development obligations for fiscal years 2001-03.
The biennial report of the National Science Board indicates that the U.S. now ranks 17th among nations surveyed in the proportion of its 18- to 24-year-olds earning natural science and engineering degrees. In 1975, the U.S. ranked third. State indicators are presented in 25 tables across six categories.
The info brief from the National Science Foundation reports that industrial research expenditures in the U.S. had a record single-year decline in 2002. An inflation-adjusted decline of $8.6 billion was the largest-ever reported since the survey began in 1953.
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.
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.
The analysis found Oklahoma improved from 43rd in the U.S. in per capita income in 2000 to 40th in 2002. In the same time period, Oklahoma improved from 41st to 31st in the nation in university research and development (R&D), and from 30th to 28th in federal R&D.