Distribution of R & D and Basic Research Activity in Industry
Neil M. Kay
Chapter 7 in The Innovating Firm, 1979, pp 126-186 from Palgrave Macmillan
Abstract:
Abstract In this chapter we consider applications of the basic model with respect to R & D allocations in U.S. industry. The choice of U.S. industry is primarily a result of the availability of detailed information on the type and degree of R & D activity in U S manufacturing companies published annually by the National Science Foundation in the Surveys of Science Resources series. However, in the light of Chapter 6 we would also expect the applicability of the model to be greatest in U.S. industries; the importance and prevalence of large corporations in the United States provide greater opportunity for the development of stable resource preference systems than in any other economy.
Keywords: Large Firm; Research Intensity; Strict Convexity; Preference System; Technological Opportunity (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03583-0_7
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DOI: 10.1007/978-1-349-03583-0_7
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