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References
Smith, Adam, The Wealth of Nations, Book I, Chap. I.
Smith, Adam, Op. cit., Book I, Chap. I.
Kuznets, Simon, Six Lectures on Economic Growth, Lecture II, Illinois (1959).
The definitions of research and development used by the National Science Foundation for statistical surveys in the United States are the following: Research is systematic, intensive study directed towards fuller knowledge of the subject studied. Research may be either basic (that is, fundamental) or applied. Basic (that is, fundamental) research is directed toward increase of knowledge; it is research where the primary aim of the investigator is a fuller knowledge or understanding of the subject under study rather than a practical application thereof. Applied research is directed toward practical applications of knowledge. Development is the systematic use of knowledge directed toward the design and production of useful prototypes, materials, devices, systems, methods or processes. It does not include quality control or routine production testing. The fields of science covered by these surveys consist of the engineering, physical and life sciences.
For example, see the publications of the National Science Foundation, Washington, and of the Central Bureau of Statistics, the Netherlands; the report of the Advisory Council for Scientific Policy, 1961–62, London, U.K.; Le Financement de la Recherche Scientifique et Technique en France (Paris, 1961).
For example, Solow, R., “Technical Change and the Aggregate Production Function”. Rev. Economics and Statistics (1957). Massell, B., Determinants of Productivity Change in United States Manufacturing (Rand Corporation, California).
Freeman, C., “Research and Development. A Comparison between British and American Industry”. Nat. Inst. Economic Rev., No. 20 (May, 1962).
Federation of British Industries. Industrial Research in Manufacturing Industry, 1959–60. (London, 1961). Some unpublished statistical work has also been done by Stanford Research Institute, California.
National Economic Development Council. Growth of the United Kingdom Economy to 1966, 30 (London, 1963). Sveriges Industriförbund Ingan-jorsbehovet i Sverige(The demand for engineers in Sweden) (Stockholm, Sweden 1957).
The Economist, November 24, 1962.
The Machine Tool Industry. Board of Trade, London, 1960; and, Research and Development Requirements of the Shipbuilding and Marine Industries. D.S.I.R. (1960).
Carter, C. F., “The Distribution of Scientific Effort” in Minerva, 1, No. 2 (1963). National Economic Development Council Conditions Favourable to Faster Growth, 32 (1963).
In this context, one must exclude nuclear research concerned with the generation of energy.
Solo, Robert A., “Gearing Military Research and Development to Economic Growth”, Harvard Business Rev. (November-December, 1962).
Advisory Council for Scientific Policy: Ann. Rep., 1961–62 (London, 1963).
In this context, see the recommendations of: The Management and Control of Research and Development. (H.M.S.O., London, 1961.) Rep. to the President on Government Contracting of Research and Development (Government Printing Office, Washington, D. C., 1962).
O.E.C.D. Third International Survey on the Demand and Supply of Scientific and Technical Personnel (to be published).
Sir John Cockcroft's Presidential Address to the British Association, 1962.
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PAVITT, K. Research, Innovation and Economic Growth. Nature 200, 206–210 (1963). https://doi.org/10.1038/200206a0
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DOI: https://doi.org/10.1038/200206a0
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