Over the past several years, productivity improvement has become an increasingly vital economic issue for economies and individual firms. This book, first published in 1996, examines empirically relationships between changes in catalyst financial commitments (ie, research and development projects and capital improvements) and productivity/profitability changes, and relationships between productivity changes and profitability changes in selected manufacturing industries and companies.

Over the past several years, productivity improvement has become an increasingly vital economic issue for economies and individual firms. This book, first published in 1996, examines empirically relationships between changes in catalyst financial commitments (ie, research and development projects and capital improvements) and productivity/profitability changes, and relationships between productivity changes and profitability changes in selected manufacturing industries and companies.