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.
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.
In response to the Virginia General Assemblys HB2760, the report provides eight recommendations that can build human capital and meet a second strategy that encourages collaboration and partnerships for research and development in Virginia.
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.
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.
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.
The study tests for the importance of cash flow on investment in fixed capital and research and development (R&D) using firm-level panel data in Great Britain and Germany. Results suggest that financial constraints are more significant in Britain, that they affect the decision to engage in R&D rather than the level of R&D spending by participants, and that consequently the British firms that do engage in R&D are a self-selected group where financing constraints tend to be less binding.
The study tests for the importance of cash flow on investment in fixed capital and research and development (R&D) using firm-level panel data in Great Britain and Germany. Results suggest that financial constraints are more significant in Britain, that they affect the decision to engage in R&D rather than the level of R&D spending by participants, and that consequently the British firms that do engage in R&D are a self-selected group where financing constraints tend to be less binding.
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.
The paper draws on the knowledge-base implicit in ex post evaluations of publicly funded research and development (R&D) and other related conceptual and empirical studies to suggest a framework for the ex ante evaluation of the regional benefits from R&D projects.