Advanced Search
MyIDEAS: Login

The economics of universtity : a knowledge governance approach

Contents:

Author Info

Abstract

University is becoming the beam of the new emerging mode of governance of the generation and dissemination of knowledge as it reveals remarkable institutional advantages both to provide a solution to the knowledge trade-off and to reduce agency costs. The typical academic labor relation emerges as an appropriate institutional device to handle the principal-agent problems when creative talents are required. The unique institutional setup of the academic system creates the supply of certified skills that are ready to operate on a professional base. Such academic consultants can be paid on an ex-post per job base matching their variable costs only. This supply leads to the creation of a specific market for research services where the demand is provided by the knowledge outsourcing of corporations.

Download Info

If 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.
File URL: http://www.de.unito.it/web/member/segreteria/WP/Momigliano/2006/2_WP_Momigliano.pdf
Our checks indicate that this address may not be valid because: 404 Not Found (http://www.de.unito.it/web/member/segreteria/WP/Momigliano/2006/2_WP_Momigliano.pdf [301 Moved Permanently]--> http://www.unito.it/deweb/member/segreteria/WP/Momigliano/2006/2_WP_Momigliano.pdf). If this is indeed the case, please notify (Piero Cavaleri) or (Marina Grazioli)
Download Restriction: no

Bibliographic Info

Paper provided by University of Turin in its series Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series with number 200602.

as in new window
Length: 23 pages
Date of creation: Feb 2006
Date of revision:
Handle: RePEc:uto:labeco:200602

Contact details of provider:
Email:
Web page: http://www.unito.it/
More information through EDIRC

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Holmstrom, Bengt, 1989. "Agency costs and innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 12(3), pages 305-327, December.
  2. Antonelli Cristiano, 2006. "Venture capitalism as a mechanism for knowledge governance," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200604, University of Turin.
  3. Antonelli Cristiano, 2005. "The governance of localized knowledge: An information economics approach for the economics of knowledge," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200502, University of Turin.
  4. Arrow, Kenneth J, 1969. "Classificatory Notes on the Production and Transmission of Technological Knowledge," American Economic Review, American Economic Association, vol. 59(2), pages 29-35, May.
  5. Dominique Foray, 2006. "The Economics of Knowledge," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262562235, November.
  6. Paul A. David, 2005. "Can ‘Open Science’ be Protected from the Evolving Regime of IPR Protections?," Industrial Organization 0502010, EconWPA.
  7. Joseph E. Stiglitz, 2002. "Information and the Change in the Paradigm in Economics," American Economic Review, American Economic Association, vol. 92(3), pages 460-501, June.
  8. Bengt Holmstrom & John Roberts, 1998. "The Boundaries of the Firm Revisited," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 73-94, Fall.
  9. Antonelli Cristiano, 2005. "Models of knowledge and systems of governance," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200501, University of Turin.
  10. Etzkowitz, Henry, 1998. "The norms of entrepreneurial science: cognitive effects of the new university-industry linkages," Research Policy, Elsevier, vol. 27(8), pages 823-833, December.
  11. Holmström, Bengt, 1989. "Agency Costs and Innovation," Working Paper Series 214, Research Institute of Industrial Economics.
  12. Argyres, Nicholas S. & Liebeskind, Julia Porter, 1998. "Privatizing the intellectual commons: Universities and the commercialization of biotechnology," Journal of Economic Behavior & Organization, Elsevier, vol. 35(4), pages 427-454, May.
  13. Patrucco Pier Paolo, 2006. "The production of scientific knowledge in Italy: evidence in theoretical applied and technical sciences," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200601, University of Turin.
  14. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
  15. Luis Garicano, 2000. "Hierarchies and the Organization of Knowledge in Production," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 874-904, October.
  16. Dasgupta, Partha & David, Paul, 1985. "Information Disclosure and the Economics of Science and Technology," CEPR Discussion Papers 73, C.E.P.R. Discussion Papers.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Antonelli Cristiano, 2005. "The governance of localized knowledge: An information economics approach for the economics of knowledge," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200502, University of Turin.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:uto:labeco:200602

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Piero Cavaleri) or (Marina Grazioli).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.