Cost-of-Research Index, 1920–1970

Helen S. Milton
Additional contact information
Helen S. Milton: Research Analysis Corporation, McLean, Virginia

Operations Research, 1972, vol. 20, issue 1, 1-18

Abstract: The current study brings up through 1970 the cost-of-research index that was published in Operations Research 14, 977–991 (1966). This paper points out various economic aspects and effects of the R&D fluctuations between 1965 and 1970 within the framework of the index pattern for the twenty-year period 1950–1970. The objective of the index is to provide a measure of (l) the change in the cost of a technical man-year of research in the US, and (2) the change in the amount of research and development (R&D) effort in terms of technical man-years of effort applied to it as derived from total dollars spent on R&D. The index is a tool to be utilized in determining the rate of change in costs per technical man-year in R&D and for use in R&D planning and budgeting.

Date: 1972
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://dx.doi.org/10.1287/opre.20.1.1 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:20:y:1972:i:1:p:1-18

Access Statistics for this article

More articles in Operations Research from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().