The U.S. government has long included in its tax code various special provisions designed to stimulate industrial R&D. In 1981, those provisions were substantially augmented by a special R&D tax credit, and various proposals are now under consideration to relax the antitrust statutes in order to encourage research through joint ventures. The case for any of these measures is difficult to establish, being based on assumptions that are not readily tested in objective terms. Nevertheless, one point is fairly clear: As between stimulating industrial R&D by individual firms and stimulating R&D joint ventures of such firms, the joint venture approach appears superior in its likely results.
Journal of Policy Analysis and Management (JPAM) strives for quality, relevance, and originality. The editors give priority to articles that relate their conclusions broadly to a number of substantive fields of public policy or that deal with issues of professional practice in policy analysis and management. Although an interdisciplinary perspective is usually most appropriate, articles that employ the tools of a single discipline are welcome if they have substantive relevance and if they are written for a general, rather than disciplinary, audience. The editors welcome proposals for articles that review the state of knowledge in particular policy areas. JPAM welcomes unsolicited manuscripts from all sources. Potential contributors should prepare manuscripts with an awareness of the substantive goals and presentational styles of the following sections: Feature Articles, Point/Counterpoint, Professional Practice, Policy Retrospectives and Curriculum and Case Notes.
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