ISBN:
9780444536099
Inhalt:
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the major results that have been obtained and conclude with a presentation of R&D spillover returns measurement. In general, the private returns to R&D are strongly positive and somewhat higher than those for ordinary capital, while the social returns are even higher, although variable and imprecisely measured in many cases.
In:
Handbook of the economics of innovation ; 2, Amsterdam : Elsevier, North-Holland, 2010, (2010), Seite 1033-1082, 9780444536099
In:
year:2010
In:
pages:1033-1082
Sprache:
Englisch
DOI:
10.1016/S0169-7218(10)02008-3
URL:
Volltext
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