Research and Productivity Growth and Economic Growth

这一持续奖励的目的是进一步调查研究与发展与经济增长之间的关系。在公司层面对研发的早期工作发现，研发的私人回报率很高，特别是对其私人资助和基础研究部分。这项早期工作是由首席研究员和其他研究人员在美国、法国和日本的数据中进行的。在这个项目中进行的研究将扩大国际比较分析，纳入以色列和挪威工业研发方面的平行数据集。为了衡量私人和社会对研发的回报之间的差异，将对研发在公司一级和更集中的工业一级的影响进行比较。该项目的主要产出将是暂定名为“研发与经济增长”的一卷。除了总结以前关于这一主题的工作外，它还将审查估计研发回报率所涉及的方法，调查其他研究人员在相同和相关主题上的工作，整合结果，并评估从分析中得出的政策结论。

The purpose of this continuing award is to further investigate the relationship between research and development and economic growth. Earlier work on R&D at the level of the firm found a high private of rate of return to R&D, especially to its privately financed and basic research components. This earlier work was undertaken by the principal investigator and others looking at data for the U.S., France, and Japan. The research to be undertaken in this project will extend the international comparative analysis to incorporate parallel data sets on industrial R&D for Israel and Norway. A comparison of the impact of R&D at the level of the firm and at the more aggregated industry level will be undertaken in an effort to measure the discrepancy between the private and social returns to R&D. The main output of the project will be a volume tentatively entitled " R&D and Economic Growth". Besides summarizing the previous work on this topic, it will review the methodology involved in estimating rates of return from R&D, survey the work of other researchers on the same and related topics, integrate the results, and evaluate policy conclusions that emerge from the analysis.