ABSTRACT
ABSTRACT: Estimating the financial value from investments in applied Research and Development (R&D) projects is a difficult task since corresponding development time of projects can be quite long before any revenues are realized from it. While there is wide consensus that innovation can yield advancements and increases in productivity; there is however much disagreement regarding measuring the magnitude of causality between R&D to economic yields. This paper advances a method based on dynamic system modeling for analyzing the financial impact R&D has applied research laboratories over period of time.
