Economics of Research and Development is a research review of the
major readings in the development of this topic, from its origins
in the work of Kenneth Arrow, Robert Solow, and Zvi Griliches to
present day concerns with the financing of R&D and measurement
of its returns. Topics covered include historical perspectives,
market structure and the various ways R&D is conducted, the
role of venture capital and government incentives, the measurement
of R&D returns including spillovers to other firms or countries
and the contribution of R&D to economic growth. This research
review serves as an invaluable reference for those who would like
to have a review of the seminal papers on R&D collected into a
single source.
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