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On Research and Free-Riding

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Author Info
Dutta, J.
Prasad, K.

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Abstract

We analyse the production of knowledge in research teams. Individuals put in effort, which is not enforcable. Effort increases the probability of a successful outcome. Research with enforcable effort displays increasing returns to scale; these scale economies are limited, or even reversed, by the presence of incentive constraints.

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Publisher Info
Paper provided by Department of Economics, Florida State University in its series Working Papers with number 1996_04_02.

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Length: 26 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fsu:wpaper:1996_04_02

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Related research
Keywords: ECONOMIES OF SCALE ; PROPERTY RIGHTS ; RESEARCH;

Find related papers by JEL classification:
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights

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This page was last updated on 2009-12-19.

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