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Warum „geniale Ideen“ für wissenschaftlichen Erfolg nicht ausreichen- Überlegungen zur besonderen Ökonomik der Etablierung wissenschaftlicher Standards

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  • Egon Franck
  • Carola Jungwirth

    ()
    (Institute for Strategy and Business Economics, University of Zurich
    Institute for Strategy and Business Economics, University of Zurich)

Abstract

Becoming famous and in the most favorable scenario winning the Nobel Prize is the dream of many young and ambitious economists. Yet, many young re-searchers are talented and only very few of them succeed to become famous in the course of their career. If we take talent for granted questions of strategy arise: Which are the basic strategic options of young scientists in the process of scientific competition? Which are the basic structural conditions influencing the outcome of strategic actions? What strategic choices should be made depending on given structural conditions? In this paper we approach these questions by drawing from an analogy between scientific para-digms and de facto standards in network industries. As in the business world, reading the market conditions is a prerequisite to developing promising scientific strategies. The typical strategy suggested by common sense reasoning, that is to concentrate on the production of truly brilliant and innovative ideas, will hardly ever bring young scien-tists’ dream come true.

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File URL: http://repec.business.uzh.ch/RePEc/iso/ISU_WPS/1_ISU_full.pdf
File Function: First version, 2001
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Bibliographic Info

Paper provided by University of Zurich, Institute for Strategy and Business Economics (ISU) in its series Working Papers with number 0001.

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Length: 27 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:iso:wpaper:0001

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Related research

Keywords: Economics of Science; Individual Placing Strategies; Standardization and Compatibility;

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  1. El-Hodiri, Mohamed & Quirk, James, 1971. "An Economic Model of a Professional Sports League," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1302-19, Nov.-Dec..
  2. Kenney, Roy W & Klein, Benjamin, 1983. "The Economics of Block Booking," Journal of Law and Economics, University of Chicago Press, vol. 26(3), pages 497-540, October.
  3. Simon Rottenberg, 1956. "The Baseball Players' Labor Market," Journal of Political Economy, University of Chicago Press, vol. 64, pages 242.
  4. Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, vol. 62(5), pages 777-95, December.
  5. Klein, Benjamin & Crawford, Robert G & Alchian, Armen A, 1978. "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," Journal of Law and Economics, University of Chicago Press, vol. 21(2), pages 297-326, October.
  6. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
  7. Daly, George & Moore, William J, 1981. "Externalities, Property Rights and the Allocation of Resources in Major League Baseball," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 77-95, January.
  8. Adler, Moshe, 1985. "Stardom and Talent," American Economic Review, American Economic Association, vol. 75(1), pages 208-12, March.
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