R&D Stimulus
August 23, 2013
R&D Stimulus
An entrepreneur’s view on the effects of GDP revisions on R&D investment and the economy
Entrepreneurs should pay attention to recent changes in the way the U.S. calculates Gross Domestic Product (GDP). The revision, which shifts research and development (R&D) from an operating expense to a fixed investment, could stimulate greater R&D spending and promote much-needed technological innovation.