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The Private R&D Investment Response to Federal Design and Technical Competitions

American Economic ReviewPublished 1 January 1988
Frank R. Lichtenberg
Citations214
SJR quartileQ1
SJR score25.10
SNIP6.91

Abstract

It is the federal government's role to promote in research and development (RD and (2) contracting with private firms and nonprofit organizations (such as universities) to perform RD the winning firm recovered its development costs in the form of profits on the sale of the airplanes, and the losing firms did not recoup their R&D investment (Mansfield, 1971, p. 122).

Keywords

Economics, Econometrics and Finance