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Federal renewable energy R&D spending is intended, at least in part, to achieve path-breaking commercial breakthroughs in ethanol, hydrogen, solar and wind energy. Recently, the private sector has begun to respond to market opportunities generated by the spike in oil prices and governmental...
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The basic concern of this paper is the effect of private sponsorship of university research on the allocation of … expenditures between public good research and commercial applications. Throughout the land-grant university system, there is much … concern that as a result of reduced government funding, fundamental research will be neglected at the expense of research that …
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This paper begins with a distinction between an "active-learning" framework and a "passive-learning" approach when employed as an evaluation of R D strategies. A simple decision-tree formulation is employed to gain insights on the essential differences of these two approaches. Numerical...
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