The stock market crash - and after

Bibliographic data

Monograph

Identifikator:: 1815583320

URN:: urn:nbn:de:zbw-retromon-204544

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The stock market crash - and after

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1930

Scope:: XXVI, 286 S.; graph. Darst

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter VIII. Scientific Research and Invention

Collection:: Economics Books

130 The Stock Market Crash—dnd After tain, on an even more liberal scale than ever before, our great laboratories of both pure and applied science.” The extent to which industrial research prevails as a new trend in manufacturing progress in the United States is revealed in the survey of the National Bureau of Economic Research, published in 1929 as part of the report on Recent Economic Changes of the President's Unemployment Confer- ence, of which Mr. Hoover was chairman. Of the 599 manufacturing concerns supplying information, the report states, 52 per cent recorded the carrying on of research as a company activity; testing labora- tories were conducted by an additional 7 per cent, leaving 41 per cent, or a minority, in which research work had not yet been initiated. These statistics were based on a questionnaire, sent out during 1928 to 5000 manufacturing concerns with a commercial rating of one million dollars or over. In certain industries, such as cement manufacture, leather tanning, gas and electric utilities, codperative research had been organized, taking advantage of the activities of various national associations. In certain other industries such as the manufacture of machinery, machine tools, drugs, cosmetics and phar- maceuticals, individual concerns engaged in highly competitive work were carrying on their own labora- tories. Some 58 per cent of those reporting stated that their budgets for research were increasing from year to year, and 39 per cent reported that their research activities had already shown a profit.

Access restriction

Copyright

fullscreen: The stock market crash - and after

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation