Construct · 1 fields · 1 citations

social return to R&D: a standalone construct

One name. One construct. A landmark on the map.

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Science and innovation policy

the economy-wide return to research spending including spillovers, estimated to be well above the private return.

In science and innovation policy, social return to R&D refers to the economy-wide return to research spending including spillovers, estimated to be well above the private return. This meaning comes from Jones (1998) in The Quarterly Journal of Economics.[1]

Unit
Recovery means
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Nearby constructs

innovation6 fields · 11 citationsjingle · one name, six constructs policy2 fields · 4 citationsjingle · one word, two constructs return3 fields · 3 citationsjingle · one word, three constructs

References

Jones, C. I., & Williams, J. C. (1998). Measuring the Social Return to R&D. The Quarterly Journal of Economics, 113(4), 1119-1135. https://doi.org/10.1162/003355398555856

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