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Economic Perspectives, Vol. 8, No. November/December, January 1985
The Bucks Stops Elsewhere: The Midwest's Share of Federal R&D
Research and development (R&D) activities are generally regarded as the basis for technological innovation and are important to improving the competitive position of many u.s. industries through increased productivity and the development of new product and services. R&D spending is also important to the competitive position of industries in the different regions of the country.


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