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R & D, Knowledge, and Externalities: An Approach to the Puzzle of Disparate Productivity Growth Rates Among Manufacturing Industries

In: Economic Growth and Resources

Author

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  • Richard R. Nelson

    (Yale University)

Abstract

In several other papers I have commented upon the considerable dispersion in rates of productivity growth across manufacturing industries. Without question these differences are due largely to differences in the pace of technological progress, which in turn reflect disparities in R & D spending and in the effectiveness of R & D. The question addressed in this paper is this: What explains these variations in R & D inputs and effectiveness?2

Suggested Citation

  • Richard R. Nelson, 1980. "R & D, Knowledge, and Externalities: An Approach to the Puzzle of Disparate Productivity Growth Rates Among Manufacturing Industries," International Economic Association Series, in: Christopher Bliss & M. Boserup (ed.), Economic Growth and Resources, chapter 10, pages 146-161, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-16328-1_10
    DOI: 10.1007/978-1-349-16328-1_10
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    Cited by:

    1. Klodt, Henning, 1987. "Wettlauf um die Zukunft: Technologiepolitik im internationalen Vergleich," Open Access Publications from Kiel Institute for the World Economy 372, Kiel Institute for the World Economy (IfW Kiel).

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