The Returns to Publicly Funded R&D focuses on the returns to
U.S. public-sector investments in R&D and the accompanying new
empirical analysis relates specifically to the returns to
public-sector R&D expenditures in U.S. Federally Funded
Research and Development Centers (FFRDCs). One motivation for
studying the rates of return to public-sector R&D is the
paucity of existing literature on the topic. However, there are two
other important motivations for studying the rates of returns to
public-sector R&D: a public accountability motivation and a
mandated public policy motivation. Although the analysis of
investments in R&D in FFRDCs presented herein is econometrics
based, there is however a frequently overlooked program evaluation
literature that also offers insight into the rates of returns to
public-sector R&D. Examples of the program evaluation
literature is presented in Section 3 for completeness as well as to
illustrate a broader rate of return concept than that presented in
the econometrics-based literature. U.S. legislative actions to
increase publicly funded R&D in support of private-sector
R&D are discussed in Section 4. For the purpose of providing
context, a brief history of FFRDCs in the United States is
presented in Section 5. FFRDCs have surprisingly been an overlooked
element of the public-sector ecosystem that supports public-sector
research. An empirical analysis of U.S. public-sector R&D
expenditures in FFRDCs, and the associated scientific publications,
is presented and discussed in Section 6. Concluding observations
about the themes discussed throughout this monograph are offered in
Section 7.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
