The perspective of techno-metabolism and its insight into national strategies: the case of Japan 1955–1993

Chihiro Watanabe and Kouji Wakabayashi

Research Evaluation, 1996, vol. 6, issue 2, 69-75

Abstract: Current uncertain business circumstances mean that a careful assessment of the profitability of industry's R&D investment has become critical. This paper develops a practical computer model for the simultaneous measurement of the service price of technology and internal rate of return to R&D investment essential to this assessment. Using the model and studying Japan's manufacturing industry over the period 1955–1993, empirical analyses are made of the metabolic assessment of technological innovation, or techno-metabolism, based on the measurement of trends in these prices and rates and the identification of the factors governing these trends. Copyright , Beech Tree Publishing.

Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:oup:rseval:v:6:y:1996:i:2:p:69-75

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