Research and development (R&D)

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Research and development In the US, research effort since the 1930s has risen by a factor of 23, an average growth rate of 4.3 per cent a year. But research productivity has fallen by a factor of 41, or minus 5.1 per cent a year, the paper [in the American Economic Review by Nicholas Bloom, Charles I. Jones, John Van Reenan and Michael Webb] found. John Thornhill, Financial Times, December 3, 2020 © 2020 Kwiple.com