The federal government pays for a wide range of goods and services that are expected to contribute to the economy for some years in the future. Those purchases, called investment, fall into three categories: physical capital, research and development (R&D), and education and training. There are several economic rationales for federal…

Merit Goods have always received handsome attention and allocation from countries which have witnessed a congruence between high significant economic growth and Human Development Index (HDI). The Emerging Market Economies (EMEs) have become significant manufacturing hubs by universalizing education and improving their Incremental Capital Output…

The purpose of this study was to investigate the effects of critical resource flows on technology transfer activity. The investigation focused on the impact on a university's licensing orientation of four sources of research and development (R&D) revenues: federal, state, industry, and institutional. By licensing orientation is meant the…

An analysis of the gap between educational productivity and technological advancement concludes that American education's dismal productivity level is partly due to the lack of investment in research and development. Successful school restructuring must include the following innovations: site-based management; public school choice; competitive…