An Evaluation of Federal Policy Instruments to Stimulate Basic Research in Industry
AbstractA model of the resource allocation behavior of a group of firms demonstrates that unaided industry allocation to basic (inappropriable) research is suboptimal. Furthermore, provision of seed money is generally counterproductive, while the provision of a matching subsidy is not very cost-efficient in increasing the allocation. Innovative policy alternatives are proposed.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by INFORMS in its journal Management Science.
Volume (Year): 29 (1983)
Issue (Month): 9 (September)
research and development; government; engineering; economics;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Joglekar, Prafulla & Hamburg, Morris, 1996. "Conditions for government support of private research and development," European Journal of Operational Research, Elsevier, vol. 94(3), pages 626-630, November.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mirko Janc).
If references are entirely missing, you can add them using this form.