304 research outputs found

    The Future of U.S. Foreign Economic Assistance

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    International Relations/Trade,

    Military R&D: the productivity puzzle

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    A number of very careful econometric studies have been interpreted as showing that publicly funded research and development conducted by private firms has had little discernable impact on firm level profits or productivity. In contrast historical studies have shown that military and defense-related research development and procurement conducted by private firms has been an important source of technology development across a broad spectrum of U.S. manufacturing industries. Careful narrative analysis represents a more effective way of capturing the complementarities between military and defense-related research, development, and procurement on commercial technology development than econometric analysis.Political Economy, Productivity Analysis, Research and Development/Tech Change/Emerging Technologies,

    ASSESSING THE ECONOMIC VALUE OF RESEARCH

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    For almost half a century World War II and the Cold War provided the political and fiscal context for public investment in science and technology. The report prepared by Vannevar Bush, Science: the Endless Frontier (1945), advanced an investment rationale for federal support of scientific research. In spite of pressure from Congress and the Office of the President the scientific community has resisted the development and application of operational economic criteria for the allocation of research resources.Research and Development/Tech Change/Emerging Technologies,

    Agricultural, Environmental and Health Research in a Global Environment

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    Resource /Energy Economics and Policy,

    The Asia Bureau Agricultural Research Review

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    Research and Development/Tech Change/Emerging Technologies,

    QUANTIFYING AND MANAGING RISK IN AGRICULTURE

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    Risk and Uncertainty,

    AGRICULTURAL ECONOMICS

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    Agricultural economics is a field of applied economics. Its scope and its relationship to other social and natural science disciplines has changed over time in response to (a) the social, economic and technical changes impinging on the agricultural sector and (b) progress in economic theory and in other related social and natural science disciplines. The substance of agricultural economics in the United States at the present time can best be understood by reviewing the historical origins of the field and its recent evolution in relation to developments in economic theory, statistics and econometrics.Teaching/Communication/Extension/Profession,

    Military Procurement and Technology Development

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    The purpose of this paper is to demonstrate that military and defense related research and procurement have been a major source of commercial technology development across a broad spectrum of industries that account for an important share of United States industrial production. I discuss the development of five general purpose technologies: (1) military and commercial aircraft, (2) nuclear energy and electric power, (3) computers and semiconductors, (4) the Internet, and (5) the space industries. The defense industrial base has become a smaller share of the industrial sector which is itself a declining sector in the U.S. economy. It is doubtful that military and defense related procurement will again become an important source of new general purpose technologies. When the history of U.S. technology development for the next half century is eventually written it will almost certainly be written within the context of slower productivity growth than the relatively high rates that prevailed in the U.S through the 1960's and during the information technology bubble that began in the early 1990's.Research and Development/Tech Change/Emerging Technologies,

    SUSTAINABLE GROWTH IN AGRICULTURAL PRODUCTION: POETRY, POLICY AND SCIENCE

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    In this paper I review the evolution of the sustainability concept. This is followed by a description of three "classical" systems of sustainable agriculture. None of these systems were or are capable of generating growth of output consistent with modern rates of growth in demand. I then turn to three unresolved analytical issues that continue to divide the conventional resource economics and the sustainable development communities. In a closing section I argue sustainable growth in agricultural production should be viewed as a research agenda rather than as a package of practices that is available to producers whether in developed or developing countries.Environmental Economics and Policy, International Development,

    TECHNOLOGY TRANSFER FROM THE UNIVERSITY OF MINNESOTA ESTIMATING THE ECONOMIC IMPACT

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    There is strong synergy among research, education, technology development and technology transfer. Examples of successful public-private technology transfer linkage institutions are provided. But efforts to document the benefits of research conducted at the University of Minnesota to the state have rarely been conducted with the rigor that would be required to meet the test of professional credibility. A program of research to develop more rigorous evidence on economic benefits to the State is proposed.Research and Development/Tech Change/Emerging Technologies,
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