Ngoie, Jacques Kibambe - In: Journal of Policy Modeling 36 (2014) 3, pp. 492-506
This paper provides a better understanding of federal funding and its impact on the production process of patentable ideas in the U.S. economy. In this study, I develop an expansion of the Marshallian Macroeconomic Model (Ngoie and Zellner, 2012, forthcoming), which is applied to the U.S....