TY - JOUR
T1 - Factors behind cross-industry differences in technical progress
AU - Nelson, Richard R.
AU - Wolff, Edward N.
N1 - Funding Information:
Both authors would like to thank the Alfred P. Sloan Foundation, through its funding of the Consortium on Competition and Cooperation, for support of the research behind this essay and the C.V. Starr Center for Applied Economics at New York University for its technical support. We would also like to thank William Baumol and Zvi Griliches, as well as two anonymous referees, for their very helpful suggestions, and Maury Gittleman for his excellent research assistance.
PY - 1997/6
Y1 - 1997/6
N2 - This paper argues that while both technological opportunity and appropriability positively affect industry R and D intensity, technological opportunity positively affects the rate of technical advance in an industry, but appropriability does not. The empirical tests presented, which use data drawn for the Yale Questionnaire on Industrial Research and Development to provide measures of these variables, are consistent with these hypotheses. The finding that both variables influence R and D intensity is consistent with earlier studies. The dependence of technological advance on opportunities alone is, we believe, a new analytic argument, and the empirical support of that argument is new.
AB - This paper argues that while both technological opportunity and appropriability positively affect industry R and D intensity, technological opportunity positively affects the rate of technical advance in an industry, but appropriability does not. The empirical tests presented, which use data drawn for the Yale Questionnaire on Industrial Research and Development to provide measures of these variables, are consistent with these hypotheses. The finding that both variables influence R and D intensity is consistent with earlier studies. The dependence of technological advance on opportunities alone is, we believe, a new analytic argument, and the empirical support of that argument is new.
KW - Research and development
KW - Technological change
UR - http://www.scopus.com/inward/record.url?scp=0031419122&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0031419122&partnerID=8YFLogxK
U2 - 10.1016/S0954-349X(96)00079-3
DO - 10.1016/S0954-349X(96)00079-3
M3 - Article
AN - SCOPUS:0031419122
SN - 0954-349X
VL - 8
SP - 205
EP - 220
JO - Structural Change and Economic Dynamics
JF - Structural Change and Economic Dynamics
IS - 2
ER -