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We report a puzzling pair of facts concerning the organization of science. The concentration of research output is declining at the department level but increasing at the individual level. For example, in evolutionary biology, over the period 1980 to 2000, the fraction of citation-weighted...
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We consider a model of innovation that distinguishes between ideas and innovations. While innovation responds to … incentives, ideas are a scarce resource that provide an exogenous constraint on the rate of innovation. We investigate how the … optimal reward structure is shaped by the scarcity of ideas. Substitute ideas for innovation in the model arrive to random …
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We investigate optimal rewards in an R&D model where substitute ideas for innovation arrive to random recipients at …
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We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random …
Persistent link: https://www.econbiz.de/10013071185
We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random …
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