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Author: | Bean, A. |
Title: | Why some R&D organizations are more productive than others |
Journal: | Research Technology Management
1995 : JAN-FEB, VOL. 38:1, p. 25-29 |
Index terms: | R&D ORGANIZATIONS PRODUCTIVITY |
Language: | eng |
Abstract: | Highly productive firms use their capital, labour and material resources more effectively to create product values than do less productive firms. A measure of this effectiveness is "total factor productivity" (TFP). Studies have shown that gains in the TFP of individual firms are directly related to the intensity of their investment in R&D , primarily to investments for product and process development. R&D expenditures for basic research also contribute to productivity growth. |
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