Econ Polit Ind
DOI 10.1007/s40812-015-0024-3
R&D as an investment in knowledge based capital
Albert N. Link1 Christopher A. Swann1
Received: 4 August 2015 / Accepted: 22 December 2015
Associazione Amici di Economia e Politica Industriale 2016
Abstract It is well documented that knowledge based capital (KBC) is a driver of
economic growth and development and that knowledge acquired through scientific
research and development (R&D) is one important component of KBC. In this paper
we exami ...


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