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~institution:"National Bureau of Economic Research"
~person:"Hayashi, Fumio"
~subject:"Industrial research"
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Research
and
Development
As An Investment
Hall, Bronwyn
-
1989
About 20 percent of the gross investment expenditures of U.S. manufacturing firms is expenditures on
research
and
…
development
. Like investment in physical capital, R&D also responds to news about future prospects of the firm, such as …
Persistent link: https://www.econbiz.de/10012476075
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