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来源类型Working Paper
规范类型报告
DOI10.3386/w20902
来源IDWorking Paper 20902
Killing the Golden Goose? The Decline of Science in Corporate R&D
Ashish Arora; Sharon Belenzon; Andrea Patacconi
发表日期2015-02-02
出版年2015
语种英语
摘要Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations between 1980 and 2007. We find that publications by company scientists have declined over time in a range of industries. We also find that the value attributable to scientific research has dropped, whereas the value attributable to technical knowledge (as measured by patents) has remained stable. These effects appear to be associated with globalization and narrower firm scope, rather than changes in publication practices or a decline in the usefulness of science as an input into innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the scientific capabilities). These findings have important implications for both public policy and management.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w20902
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578576
推荐引用方式
GB/T 7714
Ashish Arora,Sharon Belenzon,Andrea Patacconi. Killing the Golden Goose? The Decline of Science in Corporate R&D. 2015.
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