A Review of the Relationship Between Research and Development and Economic Growth/Productivity,

摘要

The question of the relationship between research and development and economic growth/productivity is long standing. Both the research and development community and the economics profession have been concerned with this subject for some time. The document comprises reviews of the subject by leading researchers in the field. One paper describes the methodologies employed,the estimates derived,and the results of research on the subject. Another discusses the contribution of research and development to the economic growth of the United States. A third paper is concerned with questions raised from the perspective of this research utilizing the residual methodology in estimating the macro-economic contribution of progress-generating activities. The evidence for a positive return from R and D,arguments on the underinvestments question,some ideas concerning the allocation of resources,and suggestions for research projects are presented. An introduction to the subject and a summary of the papers is provided.