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International R&D Deployment and Locational Advantage : A Case Study of Taiwan

Liu, Meng-Chun - 2003

Although it is evident that R&D has undergone a process of internationalization, and that the less-advanced economies are becoming increasingly involved in this process, the substantial body of literature in this area has been based largely on the experiences of the developed countries. This...

Persistent link: https://www.econbiz.de/10012468525

A Model of R&D Valuation and the Design of Research Incentives

Hsu, Jason C. - 2003

We develop a real options model of R&D valuation, which takes into account the uncertainty in the quality of the research output, the time and cost to completion, and the market demand for the R&D output. The model is then applied to study the problem of pharmaceutical under-investment in R&D...

Persistent link: https://www.econbiz.de/10012468653

Procuring Knowledge

Maurer, Stephen M. - 2003

There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...

Persistent link: https://www.econbiz.de/10012468794

ENTICE : Endogenous Technological Change in the DICE Model of Global Warming

Popp, David - 2003

Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …

Persistent link: https://www.econbiz.de/10012468936

Optimal Currency Areas

Alesina, Alberto - 2002

As the number of independent countries increases and their economies become more integrated, we would expect to observe more multi-country currency unions. This paper explores the pros and cons for different countries to adopt as an anchor the dollar, the euro, or the yen. Although there appear...

Persistent link: https://www.econbiz.de/10012469641

The Diffusion of Scientific Knowledge Across Time and Space : Evidence from Professional Transitions for the Superstars of Medicine

Azoulay, Pierre - 2011

Are scientific knowledge flows embodied in individuals, or "in the air"? To answer this question, we measure the effect of labor mobility in a sample of 9,483 elite academic life scientists on the citation trajectories associated with individual articles (resp. patents) published (resp. granted)...

Persistent link: https://www.econbiz.de/10012461974

Science as a Public Good : Public Use and Funding of Science

Yin, Yian; Dong, Yuxiao; Wang, Kuansan; Wang, Dashun; … - National Bureau of Economic Research - 2021

Knowledge of how science is consumed in public domains is essential for a deeper understanding of the role of science in human society. While science is heavily supported by public funding, common depictions suggest that scientific research remains an isolated or 'ivory tower' activity, with...

Persistent link: https://www.econbiz.de/10012510627

Does Science Advance One Funeral at a Time?

Azoulay, Pierre - 2015

We study the extent to which eminent scientists shape the vitality of their areas of scientific inquiry by examining entry rates into the subfields of 452 academic life scientists who pass away prematurely. Consistent with previous research, the flow of articles by collaborators into affected...

Persistent link: https://www.econbiz.de/10012456883

The Effect of Public Funding on Research Output : the New Zealand Marsden Fund

Gush, Jason - 2015

We estimate the impact of participating in the NZ Marsden Fund on research output trajectories, by comparing the subsequent performance of funded researchers to those who submitted proposals but were not funded. We control for selection bias using the evaluations of the proposals generated by...

Persistent link: https://www.econbiz.de/10012457017

Should We Give Up After Solyndra? Optimal Technology R&D Portfolios under Uncertainty

Webster, Mort - 2015

Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...

Persistent link: https://www.econbiz.de/10012457272