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"This book combines the data and analyses of research with the perspective and interpretive commentary of the practitioner. ... provides the reader with a grasp of the dynamic nature of industrial research, the influences that shape it, and its role in society. Factors that shape current industrial research, including the internationalization of R&D, declining defense expenditures, and the corporate environment, are covered. ...describes the globalization of industrial operation and the current and future challenges that globalization will bring."--Back cover.
This book draws important lessons from the early days of industrial research in America.
This book, first published in 1947, sets out to describe what co-operative research is, how it is organised and in what way it contributes to a variety of problems around the globe. The need for scientific research can often be beyond a single company; co-operative research can provide the people, materials and money on a scale that is otherwise lacking. The book looks at the scope of co-operative research internationally, with chapters focusing on the UK and US, as well as the rest of the world.
The debate about the effects of corporate restructuring on industrial investment in research and development has important implications for public policy, since research and development is vital to the nation's ability to compete in the global marketplace. Researchers worry that debt service will cut research and development funds; financiers argue that restructuring improves corporate efficiency without affecting research and development expenditures. This book eminated from a symposium sponsored by the Academy Industry Program. The speakers represented a range of opinions from government, Wall Street, industry, and academia. In addition to helping all sides in the dialogue learn something of the others' needs and expectations by presenting various points of view on the issue, the discussions identify areas in which more research is needed to guide policy decisions.
Study of the contribution of technological change to economic growth in the USA - comprises 3 parts covering (1) the interrelationship of research and development, Innovation and growth, (2) the adjustment of economic structures and social structures to technical change (incl. Employment security, the reallocation of human resources, labour mobility, retraining, etc.), and (3) policy issues (incl. Government policy). Bibliography pp. 212 to 228.