Accession Number : AD0650137

Title :   THE DETERMINANTS AND EFFECTS OF INDUSTRIAL RESEARCH AND DEVELOPMENT.

Descriptive Note : Research memo.,

Corporate Author : PRINCETON UNIV N J ECONOMETRIC RESEARCH PROGRAM

Personal Author(s) : Grabowski,Henry G.

Report Date : SEP 1966

Pagination or Media Count : 188

Abstract : Several hypotheses on the determinants and effects of industrial research and development expenditures are formulated, and then tested on firms in the chemical, drug, and petroleum industries. The empirical results indicate a significant relation between R and D and various other technological, financial, and marketing variables of the firm. The implications for government anti-trust and fiscal policy are considered, and some theoretical models which incorporate the main empirical findings are developed to analyze various policy questions.

Descriptors :   (*INDUSTRIAL RESEARCH, *DETERMINANTS(MATHEMATICS)), CHEMICAL INDUSTRY, PETROLEUM INDUSTRY, ECONOMICS, DRUGS, INDUSTRIES, COMPUTERS, PATENTS, UNITED STATES GOVERNMENT, BUDGETS

Subject Categories : Economics and Cost Analysis
      Theoretical Mathematics

Distribution Statement : APPROVED FOR PUBLIC RELEASE