Modelling the Connections in the Cross Section between Technical Progress and R&D Intensity

This article is concerned with explaining the observed positive relationship in a cross section of industries between technical advance and R&D intensity. It presents a set of models to explore how technological opportunity and appropriability affect both of these variables. The models suggest that the key factors explaining the relationship are differences across industries in technological opportunity. Differences in appropriability make the relationship noisy.

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Year of publication:	1988
Authors:	Nelson, Richard R.
Published in:	RAND Journal of Economics. - The RAND Corporation, ISSN 0741-6261. - Vol. 19.1988, 3, p. 478-485
Publisher:	The RAND Corporation

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005732303