TY - GEN AU - Griliches,Zvi AU - Nadiri,Ishaq TI - Patents, R&D, and the private value of knowledge :: explorations in the economics of technological change : final report T2 - NSF ; PRA-82009 PY - 1982/// CY - Springfield PB - NTIS KW - Patentes KW - Custo KW - Br KW - setor industrial KW - pesquisa aplicada KW - desenvolvimento KW - Avaliação N2 - This report describes a study to explore the potential contribution of newly available patent data in order to understand the processes of technological change; relate the quality of aggregate total factor produtivity data (collected by a survey) to estimate the contribution of research and development (R&D) to the aggregate industry or economy-wide levels; and stimulate interaction among researchers, using the National Bureau of Economic Research (NBER) resources, via seminars, workshops, and a special conference. It was found that patent counts can serve as a useful indicator of inventive activity because of their relatively high correlation with R&D expenditures and their significant impact on the stock market's evaluation of the firm's economic prospects. The study also indicated that R&D contributed significantly to productivity growth, both at the firm and industrial level, during 1958-72 but that no significant effects were found during 1973-76 ER -