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
Distribution Statement : APPROVED FOR PUBLIC RELEASE