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Some Growth Considerations of Research and Development and the National Economy

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  • Herbert K. Weiss

    (Aerospace Corporation, Los Angeles)

Abstract

This paper considers some of the relationships among growth in expenditures for research and development and growth of the national econony measured in terms of gross national product. The associated requirement for scientific and engineering personnel is discussed. It is shown that the relationships developed from a simple growth model are generally consistent with what is currently known about economic growth rates and R&D growth rates in a number of countries.

Suggested Citation

  • Herbert K. Weiss, 1965. "Some Growth Considerations of Research and Development and the National Economy," Management Science, INFORMS, vol. 11(3), pages 368-394, January.
    • Handle: RePEc:inm:ormnsc:v:11:y:1965:i:3:p:368-394
    DOI: 10.1287/mnsc.11.3.368
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    Cited by:

    1. Zoltán J. Ács & Pontus Braunerhjelm & David B. Audretsch & Bo Carlsson, 2015. "The knowledge spillover theory of entrepreneurship," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 7, pages 129-144, Edward Elgar Publishing.
    2. Baldwin, John R. Beckstead, Desmond Gellatly, Guy, 2005. "Canada's Investments in Science and Innovation: Is the Existing Concept of Research and Development Sufficient?," Economic Analysis (EA) Research Paper Series 2005032e, Statistics Canada, Analytical Studies Branch.

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