Data Needs for

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Data Needs for RD Policy Management Gregory
Tassey Senior Economist
National
Institute of Standards and Technology
tassey_at_nist.gov http//www.nist.gov/public_affair
s/budget.htm
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How Has the High-Tech Economy Performed?
Long-Term Trends in Productivity and Income
1965-2001
Index
Labor Productivity
Total Factor Productivity
Real Hourly Compensation
Source Bureau of Labor Statistics
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How Has the High-Tech Economy Performed?
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How Has the High-Tech Economy Performed?
Corporate Profits Before Taxes as a Percent of
GDP 19602002
Percent
Source Bureau of Economic Analysis
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RD Underinvestment Analysis
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RD Underinvestment Analysis
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RD Underinvestment Analysis
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RD Underinvestment Analysis
Technology Commercialization Process (NSF/OECD
Model)
Basic Research
Development
Applied Research
Market Introduction
Scientific Knowledge
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How Important is the Composition of RD?
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RD Underinvestment Analysis
Technology Commercialization Process
(Technology-Element Model)
Proprietary Technology Research
Basic Research
Development
Generic Technology Research
Applied Research
Scientific Knowledge
Proof of Concept
Commercial Prototype
Market Introduction
G. Tassey, The Economics of RD Policy. Westport,
CN Quorum Books, 1997
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RD Underinvestment Analysis
Technology Commercialization Process
(Branscomb-Auerswald Model)
Basic Research
Product Development
Invention Functional
Early-Stage Tech Devel
Scientific Knowledge
Proof of Concept
Business Validation
Market Introduction
L. Branscomb and P. Auerswald, Between Invention
and Innovation (NIST GCR 02-841). Gaithersburg,
MD National Institute of Standards and
Technology, 2002
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RD Underinvestment Analysis
Technology Commercialization Process (DoD Model)
Basic Research 6.1
Applied Research 6.2
Advanced Tech Devel 6.3
Component System Devel 6.4 6.5
Operational System
Proof of Concept
System Prototypes
Scientific Knowledge
Note DoD groups 6.1, 6.2, 6.3 as ST
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How Important is the Composition of RD?
Source Industrial Research Institutes annual
surveys
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RD Underinvestment Analysis
Infratechnology Needs Assessment
Source RTI International, The Economic Impacts
of Inadequate Infrastructure for Software Testing
(NIST Planning Report 02-3)
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RD Underinvestment Analysis
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RD Underinvestment Analysis
Typical Relative Expenditures by Phase of RD
over Technology Life Cycle
RD Expenditures
Commercialization (sustaining RD)
Generic Technology Research
Applied RD
Plant and Equipment
Product Process RD
Infratechnology Research
Time
5 years before
Post-innovation market development
10 years before
Innovation
Source Gregory Tassey, The Economics of RD
Policy, Quorum Books, 1997, p. 74
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Technology-Based Policy Responses
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RD Data Needs