The Returns to Publicly Funded R&D : A Study of U.S. Federally Funded Research and Development Centers Paperback / softback
by Albert N. Link, James A. Cunningham
Part of the Annals of Science and Technology Policy series
Paperback / softback
Description
The Returns to Publicly Funded R&D focuses on the returns to U.S. public-sector investments in R&D and the accompanying new empirical analysis relates specifically to the returns to public-sector R&D expenditures in U.S.
Federally Funded Research and Development Centers (FFRDCs). One motivation for studying the rates of return to public-sector R&D is the paucity of existing literature on the topic. However, there are two other important motivations for studying the rates of returns to public-sector R&D: a public accountability motivation and a mandated public policy motivation. Although the analysis of investments in R&D in FFRDCs presented herein is econometrics based, there is however a frequently overlooked program evaluation literature that also offers insight into the rates of returns to public-sector R&D. Examples of the program evaluation literature is presented in Section 3 for completeness as well as to illustrate a broader rate of return concept than that presented in the econometrics-based literature. U.S. legislative actions to increase publicly funded R&D in support of private-sector R&D are discussed in Section 4.
For the purpose of providing context, a brief history of FFRDCs in the United States is presented in Section 5. FFRDCs have surprisingly been an overlooked element of the public-sector ecosystem that supports public-sector research. An empirical analysis of U.S. public-sector R&D expenditures in FFRDCs, and the associated scientific publications, is presented and discussed in Section 6.
Concluding observations about the themes discussed throughout this monograph are offered in Section 7.
Information
-
Out of stock
- Format:Paperback / softback
- Pages:100 pages
- Publisher:now publishers Inc
- Publication Date:09/03/2022
- Category:
- ISBN:9781680839449
Information
-
Out of stock
- Format:Paperback / softback
- Pages:100 pages
- Publisher:now publishers Inc
- Publication Date:09/03/2022
- Category:
- ISBN:9781680839449
