RESEARCH BENEFITS REVISITED

This paper explains why various formulae used in the literature to calculate level and distribution of annual research benefits yield different results. After reviewing the differences in assumptions used by different authors to develop their respective formulae, the paper concludes by presenting alternative formulae which are more generally applicable than those previously available.


Issue Date:
1977-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/9221
Published in:
Review of Marketing and Agricultural Economics, Volume 45, Number 04
Page range:
167-178
Total Pages:
12




 Record created 2017-04-01, last modified 2017-08-23

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