Abstract
In this chapter, we bring together many of our results and discuss their implications for model-builders and policy-makers. As indicated below, these results have implications for economists interested in modeling the process of technological change, for economists and lawyers interested in formulating and carrying out public policy toward the giant corporation, for scientists and social scientists interested in various aspects of public policy-making concerning science and technology, and for managers, industrial scientists, and operations researchers interested in helping firms to utilize science and technology more effectively.
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Notes
For example, see B. Klein, “The Decision Making Problem in Development,” in The Rate and Direction of Inventive Activity (National Bureau of Economic Research, 1962)
Merton Peck and F. M. Scherer, The Weapons Acquisition Process (Cambridge: Harvard University Press, 1962).
J. Jewkes, D. Sawers, and R. Stillerman, The Sources of Invention, revised edition (New York: W. W. Norton, 1970).
Richard Nelson, Merton Peck, and Edward Kalachek, Technology, Economic Growth, and Public Policy (Washington, D.C.: The Brookings Institution, 1967).
Edwin Mansfield, The Economics of Technological Change (New York: W. W. Norton, 1968).
For some examples of this lack of coordination in other firms, see A. Gerstenfeld, Effective Management of Research and Development (Reading, Mass.: Addison Wesley, 1970).
Edwin Mansfield, Industrial Research and Technological Innovation (New York: W. W. Norton for the Cowles Foundation for Research in Economics at Yale University, 1968).
Robert Seiler, Improving the Effectiveness of Research and Development (New York: McGraw-Hill, 1965).
E. Roberts, “Questioning the Cost-Effectiveness of the R and D Procurement Process,” in Research Program Effectiveness, ed. by M. Yovits, D. Gilford, R. Wilcox, E. Staveley, and H. Lerner (New York: Gordon and Breach, 1966.)
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© 1971 W. W. Norton & Company, Inc.
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Mansfield, E., Rapoport, J., Schnee, J., Wagner, S., Hamburger, M. (1971). Conclusions. In: Research and Innovation in the Modern Corporation. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01639-6_10
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DOI: https://doi.org/10.1007/978-1-349-01639-6_10
Publisher Name: Palgrave Macmillan, London
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