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Uncertainty and Individual Discretion in Allocating Research Funds

Goldstein, Anna P.; Kearney, Michael - National Bureau of Economic Research - 2024

There is a long-standing tradition in public research funding agencies of distributing funds via peer review, which aggregates evaluations of proposed research ideas from a group of external experts. Despite complaints that this process is biased against novel ideas, there is poor understanding...

Persistent link: https://www.econbiz.de/10014468233

Indirect Cost Recovery in U.S. Innovation Policy : History, Evidence, and Avenues for Reform

Azoulay, Pierre; Gross, Daniel P.; Sampat, Bhaven N. - National Bureau of Economic Research - 2025

The U.S. government has funded university research for nearly 80 years, with a significant share of this funding supporting the fixed costs of science through indirect cost recovery (ICR). We explain the history, objectives, and mechanics of ICR policy and review key controversies. We also...

Persistent link: https://www.econbiz.de/10015361503

The Therapeutic Consequences of the War : World War II and the 20th-Century Expansion of Biomedicine

Gross, Daniel P.; Sampat, Bhaven N. - National Bureau of Economic Research - 2025

During World War II, the U.S. Committee on Medical Research (CMR) undertook an integrated, cross-sectoral effort to develop medical science and technology for war, representing the U.S. government's first substantial investment in medical research. Using data on all CMR research contracts, we...

Persistent link: https://www.econbiz.de/10015326451

The Private Value of Innovating for the Government

Arora, Ashish; Belenzon, Sharon; Cioaca, Larisa C.; … - National Bureau of Economic Research - 2025

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

Chapter 5. The Economics of Science

Stephan, Paula E. - 2010

This chapter examines the contributions that economists have made to the study of science and the types of contributions the profession is positioned to make in the future. Special emphasis is placed on the public nature of knowledge and characteristics of the reward structure that encourage the...

Persistent link: https://www.econbiz.de/10014025171

Undergraduate gender diversity and the direction of scientific research

Truffa, Francesca; Wong, Ashley - 2024

coeducation led to a 44% increase in gender-related research publications. This increase is driven by research focused on female … subjects and gender differences. While coeducation led to a compositional shift with more women and researchers interested in … gender topics, much of the increase comes from male incumbent researchers shifting their research focus toward gender …

Persistent link: https://www.econbiz.de/10015050783