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5 Improving Information on Industrial R&D
Pages 18-22

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From page 18...
... The workshop discussions focused on problems in the collection and coverage of the R&D data and their integration with other databases. Some strengths and limitations of R&D expenditure data as an innovation input indicator are given in the text box.
From page 19...
... Until 1995, Business Week reported the results of its survey of 900 large companies in the "R&D Scoreboard." From 1982 to 1995, the Battelle Memorial Institute collected petroleum industry R&D information with detail by line of business and technology. SUGGESTIONS TO IMPROVE R&D DATA Suggestions to improve national R&D survey data focused on business unitlevel reporting, the integration of R&D data with other economic databases, and industry coverage.3 Targeting Surveys to the Appropriate Level Several participants suggested that NSF conduct its R&D survey at the level of the line of business of the firm rather than at the level of the enterprise as a whole.
From page 20...
... As a model for data collection at the business unit level, some participants suggested the Line of Business Reporting program instituted by the Federal Trade Commission in the late 1970s but discontinued after collecting data for the years 1974-1977. Although it yielded information at a level of detail appropriate for the analysis of research and innovation, the program attracted controversy as a function of a federal regulatory agency at a time when concerns about federal reporting requirements and the confidentiality of proprietary information were high.
From page 21...
... . Extending the account by changing national investment and capital stocks, reducing intermediate consumption by the amount of R&D investment, and including depreciation of R&D; Going beyond the using-up of capital as a measure of its output by developing estimates of returns to R&D capital over and above depreciation; · Using new depreciation schedules comparable to those soon to be adopted for tangible capital; Using chain indices rather than fixed-weight indices to calculate R&D pnces; · Including R&D services in the calculation of input-output tables; · Applying quality adjustments to the relevant prices for investment, stocks, and output, as BEA is doing in other areas;
From page 22...
... The workshop did not explore the utility of extending the satellite account, but some participants suggested that BEA and NSF seek the opinions of analysts and public officials. OTHER ISSUES RAISED It was noted that processing RD-1 data could be improved by updating hardware, software, and methodological practices, including automating sample selection, submitting forms to respondents, collecting forms from respondents, editing and auditing reported data, and applying data-nondisclosure procedures.


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