Abstract
Research and development (R&D) in one of the most important investments that a technology-based organization makes. R&D is a fundamental input into the innovation process, and innovation is an important factor that influences productivity, productivity growth, and competitiveness. This causal relationship may seem obvious for the private sector firms, but it also applies to R&D-dependent public organizations that seek to improve their performance and that bestow positive externalities on the private sector.
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Link, A.N. (1993). Methods for Evaluating the Return on R&D Investments. In: Bozeman, B., Melkers, J. (eds) Evaluating R&D Impacts: Methods and Practice. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-5182-6_1
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DOI: https://doi.org/10.1007/978-1-4757-5182-6_1
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