| Автор | David, Paul A. |
| Автор | Mowery, David |
| Автор | Steinmueller, W. Edward |
| Дата выпуска | 1992 |
| dc.description | Cost benefit approaches for evaluating the contribution of basic research investment have severe limitations and a number of undesirable consequences. We propose an alternative, information-theoretic, approach for identifying the economic benefits engendered by basic research. We emphasize the role of information linkages, the economic value of both findings and non-findings, and the consequences of disclosure incentives for realizing the economic benefits from basic research investments. We introduce the concepts of homotopic mappings and analogic links as relevant for differentiating among the prospective contributions of competing basic research projects, and we examine how the lumpiness or indivisibility of basic research investments may influence the conduct of basic research. The methodology and reasoning of our approach is illustrated by an examination of the case of basic research in high energy physics. |
| Формат | application.pdf |
| Издатель | OPA (Overseas Publishers Association) |
| Копирайт | Copyright Taylor and Francis Group, LLC |
| Название | Analysing The Economic Payoffs From Basic Research |
| Тип | research-article |
| DOI | 10.1080/10438599200000006 |
| Electronic ISSN | 1476-8364 |
| Print ISSN | 1043-8599 |
| Журнал | Economics of Innovation and New Technology |
| Том | 2 |
| Первая страница | 73 |
| Последняя страница | 90 |
| Аффилиация | David, Paul A.; Department of Economics, Stanford University |
| Аффилиация | Mowery, David; niversity of California |
| Аффилиация | Steinmueller, W. Edward; Center for Economic Policy Research, Stanford University |
| Выпуск | 1 |
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