Innovation and the economic sectors

Daniel Berg, Norman G. Einspruch

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Scopus citations

Abstract

An analysis of the contribution of research and development and concomitant innovation to corporate market valuation was reported by Fluke and Kump. The data were further analyzed to ascertain the relative R & D investment in the Service Sector and the Goods Sector in a population of 30 companies most affected by accounting treatment of R & D expenditures; it was found that 97% of these companies are in the Goods Sector. All ten of the companies that have generated the most U. S. patents in the last five years are in the Goods Sector. Of the ten companies that made the largest investment in R & D, 90% are in the Goods Sector. Inferences related to the nature of the Service Sector are discussed.

Original languageEnglish (US)
Title of host publication2005 International Conference on Services Systems and Services Management, Proceedings of ICSSSM'05
Pages38-40
Number of pages3
DOIs
StatePublished - Dec 1 2005
Externally publishedYes
Event2005 International Conference on Services Systems and Services Management, ICSSSM'05 - Chongquing, China
Duration: Jun 13 2005Jun 15 2005

Publication series

Name2005 International Conference on Services Systems and Services Management, Proceedings of ICSSSM'05
Volume1

Other

Other2005 International Conference on Services Systems and Services Management, ICSSSM'05
CountryChina
CityChongquing
Period6/13/056/15/05

Keywords

  • Goods Sector
  • R & D Accounting
  • R & D Investment
  • Service Sector

ASJC Scopus subject areas

  • Engineering(all)

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    Berg, D., & Einspruch, N. G. (2005). Innovation and the economic sectors. In 2005 International Conference on Services Systems and Services Management, Proceedings of ICSSSM'05 (pp. 38-40). [1499430] (2005 International Conference on Services Systems and Services Management, Proceedings of ICSSSM'05; Vol. 1). https://doi.org/10.1109/ICSSSM.2005.1499430