r&d

The authors analyze a model of research joint ventures (RJV) with asymmetric firms and differentiated products. They then test the various explanations for RJV formation using data now available through the U.S. National Cooperative Research Act.

The aim of the paper is to theoretically and empirically analyze the role that aggregate R&D-expenditures play in the growth of per capita income. Another goal of the paper is to analyze how R&D-expenditure affects productivity growth using cross-country data.

The report explores the major factors influencing the
location decisions of foreign research and development (R&D) facilities in the United States. Findings indicate that investment motivations for U.S. R&D abroad and for foreign R&D in the United States are strikingly similar.