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ALTERNATIVE SOURCES OF TECHNOLOGY
CORPORATE INVESTMENTS IN RD
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analysis applied research arguments average annual rate basic research benefits ceteris paribus Chapter composition of R&D Compustat CONC correlated costs credit for joint decision decline effects empirical environmental equation estimated coefficient Fabricated metal federal R&D firm's FRD/SIZE grants assistance programs hypothesis impact important incentives for R&D increase independent variables indigenous R&D industrial R&D innovative activity inter-firm differences investments joint venture R&D labor productivity Link manufacturing sector microeconomic National Science Foundation output percent percentage policy tool private R&D process development process innovation productivity slowdown PROF/SIZE profits proposals public policy purchased technology R&D activity R&D allocated R&D intensive R&D policy R&D spending regression regulations relationship reported in column risk risk averse significant source of technology specific stage of process Standard Industrial Classification statistics stimulating R&D survey Survey Sample Table Tax Act tax credit tax incentives tax policy technical knowledge theoretical total factor productivity variables