Date of Award:
Master of Science (MS)
Economics and Finance
Leonard J. Arrington
Research and development (R&D) play an increasingly important role in the economy of the United States. Total expenditures for R&D during the decade of the 1950's were greater than in the entire history of the United States previous to that time. As a percent of gross national product, R&D has grown from 0.2 percent in 1921, to 0.4 to 0.6 percent in the 1930's and 1940's, and is now more than 3 percent.1
Much has been said of the impact that the growth of R&D has on the general economy. R&D had also had a significant economic and sociocultural impact on the local areas of R&D concentration--an aspect of R&D which is difficult to measure and frequently ignored. Although a general view of R&D in the United States as whole is given, the present study is mainly concerned with the economic impact of R&D on a local area. Although not exhaustive, this study represents and attempt to gain information in a vitally important area of the economy which has generally been ignored.
Anderson, Thomas Clark, "The Impact of Research and Development on Income and Employment in Utah" (1966). All Graduate Theses and Dissertations. Paper 2865.
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