Academic Research And Development Expenditures
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The Impacts of Research and Development Expenditures
Author | : John J. Wetter |
Publisher | : Springer Science & Business Media |
Total Pages | : 128 |
Release | : 2010-11-03 |
Genre | : Science |
ISBN | : 1441975306 |
The research underlying this volume was designed to test the theory of Total Factor Productivity (TFP) in contemporary context. Developed by Nobel Prize-winning economist, Robert Solow, in the 1950s, TFP has been applied by many economists to investigate the relationships among capital, labor, and economic performance. In this analysis, John Wetter presents the hypothesis that technological investment drives growth and performance of the U.S. economy. The study addresses four key questions: 1. Is there a relationship between Total Factor Productivity and Gross National Product? 2. Is there a relationship between Total Factor Productivity and Research & Development expenditures? 3. Is there a relationship between Research & Development expenditures and Gross Domestic Product? 4. Can the relationship in research question #1 be explained by other factors? Is there any potential non-spuriousness (mediation) implication to the relationship? Synthesizing the literature from related fields, including macroeconomics, technology transfer, and innovation, and applying rigorous methodology, Wetter demonstrates that Total Factor Productivity is positively related to Gross Domestic Product and is mediated by Research & Development. In addition, he reveals that the lag time between R&D spending and GDP growth averages eleven years, which suggests that long-term planning is essential to maximizing the benefits of R&D. Wetter considers the implications for policymaking and industry leadership, including such timely issues as the effects of the 2009 U.S. stimulus program.
Accounting and Valuation Guide: Assets Acquired to Be Used in Research and Development Activities
Author | : AICPA |
Publisher | : John Wiley & Sons |
Total Pages | : 208 |
Release | : 2016-11-07 |
Genre | : Business & Economics |
ISBN | : 1937352781 |
This new guide provides guidance and illustrations regarding the initial and subsequent accounting for, valuation of, and disclosures related to acquired intangible assets used in research and development activities (IPR&D assets). This is a valuable resource for preparers of financial statements, auditors, accountants and valuation specialists seeking an advanced understanding of the accounting, valuation, and disclosures related to acquired IPR&D assets.
Measuring Research and Development Expenditures in the U.S. Economy
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 213 |
Release | : 2004-12-15 |
Genre | : Political Science |
ISBN | : 0309093201 |
This report examines the portfolio of research and development (R&D) expenditure surveys at the National Science Foundation (NSF), identifying gaps and weaknesses and areas of missing coverage. The report takes an in-depth look at the definition of R&D, the needs and potential uses of NSF's R&D data by a variety of users, the goals of an integrated system of surveys and other data collection activities, and the quality of the data collected in the existing Science Resources Statistics surveys.
Measuring the Science and Engineering Enterprise
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 160 |
Release | : 2000-03-14 |
Genre | : Political Science |
ISBN | : 0309068924 |
The science and engineering enterprise has continued to evolve, responding over the last decade to increased economic globalization, a post-cold war military, federal budget fluctuations, and structural changes in the way science and engineering are conducted and innovations are adopted. This report suggests ways to revise the data collection activities of the Science Resources Studies Division (SRS) of the National Science Foundation to better capture the current realities of R&D funding and S&E human resources. The report's recommendations would improve the relevance of the data on graduate education, the labor market for scientists and engineers, and the funding and conduct of research and development, and thus better meet the data needs of policymakers, managers, and researchers.
Research and Development Data Needs
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 66 |
Release | : 2005-03-30 |
Genre | : Science |
ISBN | : 0309181895 |
This report contains the proceedings of a one-day workshop organized by the National Research Council's Board on Science, Technology, and Economic Policy (STEP), in conjunction with a study by a panel of the NRC Committee on National Statistics (CNSTAT). This combined activity was commissioned by the Science Resources Statistics Division (SRS) of the National Science Foundation (NSF) to recommend improvements in the Foundation's portfolio of surveys of research and development spending by the federal government, state governments, private industry, the nation's universities and colleges, and other nonprofit institutions.
Allocating Federal Funds for Science and Technology
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 107 |
Release | : 1995-11-22 |
Genre | : Political Science |
ISBN | : 030917600X |
The United States faces a new challengeâ€"maintaining the vitality of its system for supporting science and technology despite fiscal stringency during the next several years. To address this change, the Senate Appropriations Committee requested a report from the National Academies of Sciences and Engineering and the Institute of Medicine to address "the criteria that should be used in judging the appropriate allocation of funds to research and development activities; to examine the appropriate balance among different types of institutions that conduct such research; and to look at the means of assuring continued objectivity in the allocation process." In this eagerly-awaited book, a committee of experts selected by the National Academies and the Institute responds with 13 recommendations that propose a new budgeting process and formulates a series of questions to address during that process. The committee also makes corollary recommendations about merit review, government oversight, linking research and development to government missions, the synergy between research and education, and other topics. The recommendations are aimed at rooting out obsolete and inadequate activities to free resources from good programs for even better ones, in the belief that "science and technology will be at least as important in the future as they have been in the past in dealing with problems that confront the nation." The authoring committee of this book was chaired by Frank Press, former President of the National Academy of Sciences (1981-1993) and Presidential Science and Technology Advisor (1977-1981).
Research and Development in the Pharmaceutical Industry (A CBO Study)
Author | : Congressional Budget Office |
Publisher | : Lulu.com |
Total Pages | : 65 |
Release | : 2013-06-09 |
Genre | : Science |
ISBN | : 1304121445 |
Perceptions that the pace of new-drug development has slowed and that the pharmaceutical industry is highly profitable have sparked concerns that significant problems loom for future drug development. This Congressional Budget Office (CBO) study-prepared at the request of the Senate Majority Leader-reviews basic facts about the drug industry's recent spending on research and development (R&D) and its output of new drugs. The study also examines issues relating to the costs of R&D, the federal government's role in pharmaceutical research, the performance of the pharmaceutical industry in developing innovative drugs, and the role of expected profits in private firms' decisions about investing in drug R&D. In keeping with CBO's mandate to provide objective, impartial analysis, the study makes no recommendations. David H. Austin prepared this report under the supervision of Joseph Kile and David Moore. Colin Baker provided valuable consultation...
Health Research
Author | : Commission on Health Research for Development |
Publisher | : Oxford University Press, USA |
Total Pages | : 170 |
Release | : 1990 |
Genre | : Medical |
ISBN | : 9780195208382 |
Health and development. Funding research. Research priorities in developing countries, in industrialized countries and international centers. International research promotion. An agenda for action. Summary of specific-recommendations