r&d

U.S. Corporate R&D Investment, 1994 - 2000 Final Estimates

According to final estimates from the Office of Technology Policy’s U.S. Corporate research and development (R&D) data series, R&D investment rose sharply in current dollars from $146.3 billion in 1999 to $164.5 billion in 2000 or an increase of 12.4%. The report provides data on nine “major sectors” and at the sub-sector level, 46 “detailed industries,” based on the North American Industry Classification System.

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.