Overall, public R&D has a rate of return of 140-210%, they concluded. Crucially, this is a much higher estimate than the 30-70% rates of return economists calculate for private R&D, said Fieldhouse.

PONTE VEDRA BEACH, Fla. (AP) — Max Homa could not have asked for a better start Thursday in The Players Championship. His gap wedge from 137 yards spun into the hole for eagle, and he followed that ...