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• W2022159875 abstract "A mathematical model of applied research is formulated. It views applied research as a search in a given distribution; basic research shifts the distribution searched. The productivity of applied research effort is a function of the gap between technology in practice and basic knowledge. With constant basic and applied research a (stochastic) steady state emerges in which technological change is determined by the rate of progress of basic knowledge, and the technological gap by the level of applied research." @default.
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• W2022159875 date "1976-04-01" @default.
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• W2022159875 title "A Stochastic Model of Applied Research" @default.
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• W2022159875 doi "https://doi.org/10.1086/260431" @default.
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