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The debate about the effects of corporate restructuring on industrial investment in research and development has important implications for public policy, since research and development is vital to the nation's ability to compete in the global marketplace. Researchers worry that debt service will cut research and development funds; financiers argue that restructuring improves corporate efficiency without affecting research and development expenditures. This book eminated from a symposium sponsored by the Academy Industry Program. The speakers represented a range of opinions from government, Wall Street, industry, and academia. In addition to helping all sides in the dialogue learn something of the others' needs and expectations by presenting various points of view on the issue, the discussions identify areas in which more research is needed to guide policy decisions.

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Suggested Citation

National Academy of Sciences, National Academy of Engineering, and Institute of Medicine. 1990. Corporate Restructuring and Industrial Research and Development. Washington, DC: The National Academies Press. https://doi.org/10.17226/1546.

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Publication Info

160 pages |  6 x 9 |  Paperback
ISBN: 978-0-309-04186-7
DOI: https://doi.org/10.17226/1546
Chapters skim
Front Matter i-x
Evening Session, October 11, 1989 1-20
Morning Session, October 12, 1989 21-79
Afternoon Session, October 12, 1989 80-120
Appendix A: Industrial Research and Corporate Restructuring: An Overview of Some Issues 121-135
Appendix B: List of Participants 136-148
Appendix C: Agenda 149-150

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