Showing 1 - 10 of 38
relation between two key factors of long-term economic growth - science and culture. Considering the evolution of these two …
Persistent link: https://www.econbiz.de/10011966910
Flawed research can be harmful both within and outside of academia. Even when published research has been retracted and refuted by the scientific community, it may continue to be a source of misinformation. The media can play an important role in drawing broader attention to research, but may...
Persistent link: https://www.econbiz.de/10013482610
This paper analyzes awards as a means of motivation prevalent in the scientific community, but so far neglected in the economic literature on incentives, and discusses their relationship to monetary compensation. Awards are better suited than performance pay to reward scientific tasks, which are...
Persistent link: https://www.econbiz.de/10003807766
Strong forces lead to a withering of academia as it exists today. The major causal forces are the rankings mania, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of "university" and inadequate organizational forms for modern...
Persistent link: https://www.econbiz.de/10008697845
institutions and compare them with the economics funding program of the National Science Foundation. Our results indicate that …
Persistent link: https://www.econbiz.de/10011925969
This paper elaborates on the recent race to sequence the human genome. Starting from the debate on public vs. private research arising from the genome case, the paper shows that in some fundamental research areas, where knowledge externalities play an important role, market and non-market...
Persistent link: https://www.econbiz.de/10011399680
technology shocks in explaining aggregate fluctuations. To this end we estimate the model's posterior density using Markov …
Persistent link: https://www.econbiz.de/10003833344
This paper examines how product market competition affects firms' timing of adopting a new technology as well as …. When goods are differentiated enough, adoption occurs later than it is socially optimal. -- technology adoption …
Persistent link: https://www.econbiz.de/10003854416
Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix that computes the local factor content of foreign...
Persistent link: https://www.econbiz.de/10003983245
This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle … different realizations of firm specific technology shocks, possibly leading to default by some firms. The paper advances a new … financial institutions in the transmission of credit and technology shocks to the real economy. A positive credit shock, defined …
Persistent link: https://www.econbiz.de/10009312180