R&D, knowledge, economic growth and the transatlantic productivity gap

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Abstract

This chapter reviews the available evidence regarding the role and relationship between research and development (R & D) and the performance of firms, sectors and industries, and nations. The broad range of evidence regarding these links is examined, and particular emphasis is placed on the role of new and general-purpose technological change. The chapter then proceeds to frame these discussions in the context of the issues arising from the emergence of the transatlantic productivity gap during the 1990s, a productivity gap which challenged much of the orthodox thinking regarding these relationships.
Original languageEnglish
Title of host publicationHandbook of Industry Studies and Economic Geography
EditorsFrank Giarratani, Geoffrey Hewings, Philip McCann
Place of PublicationCheltenham
PublisherEdward Elgar
Chapter11
Pages271-302
Number of pages32
ISBN (Electronic)9781782549000
ISBN (Print)9781843769613
DOIs
Publication statusPublished - 27 Dec 2013

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