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The Division of Policy Research and Analysis at the National Science Foundation: Its Support of Research on the Returns to R&D

Listed author(s):
  • Hall, Michael J.

    ()

    (University of North Carolina at Greensboro, Department of Economics)

  • Layson, Stephen K.

    ()

    (University of North Carolina at Greensboro, Department of Economics)

  • Link, Albert N.

    ()

    (University of North Carolina at Greensboro, Department of Economics)

The U.S. National Science Foundation’s (NSF’s) Division of Policy Research and Analysis (PRA) supported academic research related to, among many other things, measurement of the returns to private and public R&D, during the early 1980s. The findings from this body of research became a foundation for a number of technology and innovation policies promulgated in the aftermath of the U.S. productivity slowdown in the 1970s, and, as we suggest in this paper, a foundation for many contemporary technology and innovation policy initiatives. We argue that there are lessons to be learned from PRA’s successes from its sponsorship of research in this area, and we suggest one possible area of future emphasis for NSF’s on-going Science of Science and Innovation Policy (SciSIP) program.

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File URL: http://bae.uncg.edu/assets/research/econwp/2013/13-6.pdf
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Paper provided by University of North Carolina at Greensboro, Department of Economics in its series UNCG Economics Working Papers with number 13-6.

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Length: 18 pages
Date of creation: 05 Apr 2013
Handle: RePEc:ris:uncgec:2013_006
Contact details of provider: Postal:
UNC Greensboro, Department of Economics, PO Box 26170, Bryan Building 462, Greensboro, NC 27402

Phone: (336) 334-5463
Fax: (336) 334-4089
Web page: http://economics.uncg.edu

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  1. Hall, Bronwyn H. & Mairesse, Jacques & Mohnen, Pierre, 2010. "Measuring the Returns to R&D," Handbook of the Economics of Innovation, Elsevier.
  2. Link, Albert N, 1980. "Firm Size and Efficient Entrepreneurial Activity: A Reformulation of the Schumpeter Hypothesis," Journal of Political Economy, University of Chicago Press, vol. 88(4), pages 771-782, August.
  3. Link, Albert N, 1981. "Basic Research and Productivity Increase in Manufacturing: Additional Evidence," American Economic Review, American Economic Association, vol. 71(5), pages 1111-1112, December.
  4. Robert Atkinson, 2007. "Expanding the R&E tax credit to drive innovation, competitiveness and prosperity," The Journal of Technology Transfer, Springer, vol. 32(6), pages 617-628, December.
  5. Link, Albert N., 1983. "Inter-firm technology flows and productivity growth," Economics Letters, Elsevier, vol. 11(1-2), pages 179-184.
  6. Albert N. Link & John T. Scott, 2013. "The theory and practice of public-sector R&D economic impact analysis," Chapters,in: Handbook on the Theory and Practice of Program Evaluation, chapter 2, pages 15-55 Edward Elgar Publishing.
  7. Albert N. Link, 1982. "Productivity Growth, Environmental Regulations and the Composition of R&D," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 548-554, Autumn.
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