Adams, James D; Sveikauskas, Leo - Census Bureau, Department of Commerce - 1993
This paper is a theoretical and empirical investigation of the connection between science, R&D, and the growth of … capital. Studies of high technology industries and recent labor studies agree in assigning a large role to science and … science, R&D, and factor markets suggested by these studies. In our theory lagged science increases the returns to R&D, so …