Book ChapterDOI
The Economics of Science
TLDR
The authors 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, focusing on the public nature of knowledge and characteristics of the reward structure that encourage the production and sharing of knowledge.Abstract:
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 production and sharing of knowledge. The role that cognitive and noncognitive resources play in discovery is discussed as well as the costs of resources used in research. Different models for the funding of research are presented. The chapter also discusses scientific labor markets and the extreme difficulty encountered in forecasting the demand for and supply of scientists. The chapter closes with a discussion of the relationship of scientific research to economic growth and suggestions for future research.read more
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Journal ArticleDOI
Open Source Software and the 'Private-Collective' Innovation Model: Issues for Organization Science
Eric von Hippel,Georg von Krogh +1 more
TL;DR: It is proposed that open source software development is an exemplar of a compound "private-collective" model of innovation that contains elements of both the private investment and the collective action models and can offer society the "best of both worlds" under many conditions.
Journal ArticleDOI
Open Source Software and the Private-Collective Innovation Model: Issues for Organization Science
Eric von Hippel,Georg von Krogh +1 more
TL;DR: In this paper, the authors propose that open source software development is an exemplar of a compound "private-collective" model of innovation that contains elements of both the private investment and the collective action models and can offer society the best of both worlds under many conditions.
Book ChapterDOI
Knowledge Spillovers and the Geography of Innovation
TL;DR: In this article, a rich tradition of analyzing the role of both localization and urbanization economies, by extending the focus to the organization of economic activity within a spatial dimension and examine how different organizational aspects influence economic performance.
Journal ArticleDOI
Proofs and Prototypes for Sale: The Licensing of University Inventions
Richard Jensen,Marie Thursby +1 more
TL;DR: A survey of U.S. universities supports this view, emphasizing the embryonic state of most technologies licensed and the need for inventor cooperation in commercialization as discussed by the authors, which is a moral hazard problem with inventor effort.
Journal ArticleDOI
Searching high and low: what types of firms use universities as a source of innovation?
Keld Laursen,Ammon Salter +1 more
TL;DR: In this paper, the authors examined the factors that influence why firms draw from universities in their innovative activities, and the role of different search strategies in influencing the propensity of firms to use universities.
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