Re: R&D spending

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

How much of that is a substitute for public R&D?

Jim Devine wrote:

> According an article a friend gave me (which seems to be from BARRON'S),
> private-sector "R&D spending in the 1990s has been dramatically on the
> upswing" in the US.
>
> Is this true? (Doug?)
>
> also, isn't it true that US private-sector R&D spending has shifted toward
> more narrowly profit-promoting projects, away from more basic science?
>
> Jim Devine jdevine@xxxxxxxxxxxxxxx & http://clawww.lmu.edu/~JDevine

--

Michael Perelman
Economics Department
California State University
michael@xxxxxxxxxxxxxxxxx
Chico, CA 95929
530-898-5321
fax 530-898-5901