Corpus ID: 153655147

Basic Research and Productivity Increase in Manufacturing: Additional Evidence

  title={Basic Research and Productivity Increase in Manufacturing: Additional Evidence},
  author={A. Link},
  journal={The American Economic Review},
  • A. Link
  • Published 2013
  • Economics
  • The American Economic Review
  • In a recent paper in this Review, Edwin Mansfield illustrated empirically (using a sample of ten petroleum and six chemical firms) that firm rates of productivity change are related to the amount of companyfinanced basic research performed, certeris paribus. In this note additional evidence is presented which is supportive of Mansfield's findings. This analysis is based on a sample of fifty- one major manufacturing firms active in R&D: it is unique in that the impacts of company… CONTINUE READING
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