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...

We use factor analysis to derive a robust measure of religiosity from items reported in five waves of the World Value Survey. Our measure of religiosity is negatively correlated with per capita income. Development apparently causes religiosity to fall to about half its pre-modern level. Most...

Previous empirical research has established that science appears to stimulate the widespread diffusion of knowledge. The exact mechanism through which science catalyzes knowledge flow, however, remains somewhat ambiguous. This paper investigates whether the observed knowledge diffusion...

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...

Since the 1990s major new players have emerged in science and technology u0096 notably in Asia. The result is an increasingly multi-polar world where science, technology and patent applications are more widely distributed throughout the world. Figure 1 shows that almost 80 % of researchers work...

Nordic cooperation in R&D is part of a broader, long standing cooperation in the Nordic area. This area consists of Sweden, Denmark, Norway, Iceland, Finland, as well as the autonomous regions the Faroes Greenland and Aaland. The institutional set-up goes back to 1952 with the establishment of...