RESEARCH BENEFITS REVISITED

Frank G. Jarrett and Robert K. Lindner

Review of Marketing and Agricultural Economics, 1977, vol. 45, issue 04, 12

Abstract: This paper explains why various formulae used in the literature to calculate level and distribution of annual research benefits yield different results. After reviewing the differences in assumptions used by different authors to develop their respective formulae, the paper concludes by presenting alternative formulae which are more generally applicable than those previously available.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Date: 1977
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:9221

DOI: 10.22004/ag.econ.9221

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