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U.S.-China Conference on Science Policy
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My task is to summarize the present state of research on the relationship between technological change and economic growth, including the role of organized industrial research and development (R&D), concepts of social and private rates of return from investments in industrial innovation, and changes in the composition and returns from innovative activities in recent years. Also, I will try to describe the nature of the evidence used by American economists to assess these matters, as well as the limitations of this evidence. Because a great deal has been written on these topics, this paper must be both sketchy and selective. The books and articles cited in the footnotes provide a much more complete account of the work that has been carried out in this area in the United States.
030932260X
NONE
Social Science
English
2013
1-323
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