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Individuals involved in basic research, like other workers, respond to incentives. Funding agencies provide implicit … incentives when they specify the rules by which awards are made. The following analysis is an exercise in understanding … incentives at an applied level. Specific rules are examined and analyzed to determine their incentive effects. For example, what …
Persistent link: https://www.econbiz.de/10012473420
This article examines the relationship between Research & Development (R&D) funding and the production of knowledge by …
Persistent link: https://www.econbiz.de/10012458070
About 20 percent of the gross investment expenditures of U.S. manufacturing firms is expenditures on research and …
Persistent link: https://www.econbiz.de/10012476075
We quantify the private returns to government R&D contracts awarded to firms. We present new evidence that R&D contracts not only finance innovation but also embed an implicit government guarantee of noncompetitive future procurement for the winning R&D contractor. We measure its private value...
Persistent link: https://www.econbiz.de/10015409913
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 world. To address this issue, world organizations and private foundations are willing to sponsor vaccine R&D, but … there is no consensus on how to administer the sponsorship effectively. Different research incentive contracts are examined …
Persistent link: https://www.econbiz.de/10012468653
The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
Persistent link: https://www.econbiz.de/10012464577
in the same organization. Within organizational boundaries, incentives become aligned based on repeat and future exchange …
Persistent link: https://www.econbiz.de/10012473680
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of …
Persistent link: https://www.econbiz.de/10012474506
We estimate the impact of participating in the NZ Marsden Fund on research output trajectories, by comparing the … associated with a 6-15% increase in publications and a 22-26% increase in citation-weighted papers for research teams. For …
Persistent link: https://www.econbiz.de/10012457017
to a resolution: World War II and the COVID-19 pandemic. After providing an overview of the main elements of each of … World War II effort and use these lessons to speculate on the potential long-run effects of the COVID-19 crisis on …
Persistent link: https://www.econbiz.de/10012585399