Social and Private Rates of Return from Industrial Innovations*

Mansfield, Edwin; Rapoport, John; A. Romeo, Anthony; Wagner, Samuel; L. Beardsley, George

doi:10.2307/1885415

Public

Social and Private Rates of Return from Industrial Innovations*

Published in The Quarterly Journal of Economics • May 1, 1977

Authors:

Edwin Mansfield

John Rapoport

Anthony A. Romeo

Abstract

I. Introduction, 221.—II. The sample of innovations, 222.—III. Estimation of social benefits: product innovations used by firms, 222.—IV. Parallel innovative efforts, time horizon, and rates of return, 226.—V. Product innovations used by households, 229.—VI. Process innovations, 231.—VII. Social and...

Subject

Rate of return

Unemployment

Sample (material)

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