IFTF's Future Now is a group weblog, founded by Institute research director Alex Soojung-Kim Pang in September 2003. Its contributors include IFTF researchers interested in emerging technologies, the future of Asia, and the social and economic impacts on new technologies; IFTF corporate affiliates; academic partners; and members of the Innovation Lab, a Danish futures group with offices in Aarhus and Copenhagen. A complete list of contributors is available here.
« links for 2006-11-01 | Main | links for 2006-11-02 »
Um... duh.
An interesting new report from the federal Bureau of Economic Analysis provides an extremely detailed look at the impact of R&D investment on the growth of the US economy over the last 50 years. I never realized that economists measured R&D as an expense, rather than an investment, which is ironic because as the report argues, R&D spending is twice as important a driver of growth that the money that's put into fixed capital like buildings.
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 |
On the other hand you have well-publicized studies saying things like, "there is no discernable statistical relationship between R&D spending levels and nearly all measures of [individual] business success, including sales growth, gross profit, operating profit, enterprise profit, market capitalization, or total shareholder return."
Posted by: Paul M. Aoki | November 03, 2006 at 01:28 AM
"R&D spending is twice as important a driver of growth that the money that's put into fixed capital like buildings"
Hmmm, something seems a litt bass ackwards here?
Posted by: Hamed Elbarki | April 24, 2008 at 12:46 PM