Industrial Research and Development at Project Level in the Modern Corporation

  • Neil M. Kay

Abstract

The existence of technological change has created numerous theoretical and empirical problems for economists. It directly challenges a basic assumption of neoclassical microeconomics that the state of technology is given; invention alters the production function of firms and/or the types of products produced, and the process by which such development occurs is as yet little understood. Firstly, the generation of radical innovation may involve complex and highly technical issues which are difficult to communicate from scientists and technologists to economists. Secondly, even if the problems of communication between disciplines could be solved, there is little evidence that professional R & D workers could articulate meaningful and useful models of R & D activity, as we hope to demonstrate later in this chapter.

Keywords

Marketing Expense Nylon Preconceive 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Neil M. Kay 1979

Authors and Affiliations

  • Neil M. Kay

There are no affiliations available

Personalised recommendations