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Fluctuations in the Rate of Industrial Invention

Robert K. Merton
The Quarterly Journal of Economics
Vol. 49, No. 3 (May, 1935), pp. 454-474
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1883863
Page Count: 21
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Fluctuations in the Rate of Industrial Invention
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Abstract

I. Socio-economic problems of rates of invention and shifts of inventive interest, 454; limitations of the use of patent statistics as indexes of the rate of invention, 455.--II. The data used, 457; analysis of the data, 458; pattern of technical change within an industry, 460.--III. Factors which account for this pattern, 464.

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