THE DETERMINANTS AND EFFECTS OF INDUSTRIAL RESEARCH AND DEVELOPMENT.
Abstract
Several hypotheses on the determinants and effects of industrial research and development expenditures are formulated, and then tested on firms in the chemical, drug, and petroleum industries. The empirical results indicate a significant relation between R and D and various other technological, financial, and marketing variables of the firm. The implications for government anti-trust and fiscal policy are considered, and some theoretical models which incorporate the main empirical findings are developed to analyze various policy questions.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1966
- Accession Number
- AD0650137
Entities
People
- Henry G. Grabowski
Organizations
- Princeton University