The Historical Origins of 'Open Science’: An Essay on Patronage, Reputation and Common Agency Contracting in the Scientific Revolution
AbstractThis essay examines the economics of patronage and its influence upon key elements in the ethos and organizational structure of publicly funded open science. The emergence during the late sixteenth and early seventeenth centuries of the idea and practice of “open science" was a distinctive organizational aspect of the Scientific Revolution. It represented a new set of norms, incentives, and organizational structures that reinforced scientific researchers' commitments to rapid disclosure of new knowledge. The rise of “cooperative rivalries” in the revelation of new knowledge, is seen as a functional response to heightened asymmetric information problems posed for the Renaissance system of court-patronage of the arts and sciences. In late Renaissance Europe, the feudal legacy of fragmented political authority had resulted in relations between noble patrons and their savant-clients that resembled the situation modern economists describe as "common agency contracting in substitutes"—competition among incompletely informed principals for the dedicated services of multiple agents.
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Bibliographic InfoPaper provided by Stanford Institute for Economic Policy Research in its series Discussion Papers with number 06-038.
Date of creation: Dec 2007
Date of revision:
open science; patronage; common agency contracting; scientific revolution;
Other versions of this item:
- David Paul A., 2008. "The Historical Origins of 'Open Science': An Essay on Patronage, Reputation and Common Agency Contracting in the Scientific Revolution," Capitalism and Society, De Gruyter, vol. 3(2), pages 1-106, October.
- B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Web 2.0, the possum, the public and the private
by Nicholas Gruen in Club Troppo on 2010-08-20 04:23:41
- Lee Lane & W. Montgomery, 2014. "An institutional critique of new climate scenarios," Climatic Change, Springer, vol. 122(3), pages 447-458, February.
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