The Economics of Science
This essay examines in an interdisciplinary context the contributions that economists have made to the study of science and the types of contributions the profession is positioned to make in the future. Special emphasis is placed on the public nature of knowledge and characteristics of the reward structure that encourage the production and sharing of knowledge. Scientific labor markets are discussed as are life-cycle models. The role that resources play in discovery leads to the conclusion that the human capital model is not up to the task of explaining the career patterns that emerge in science. The essay also discusses the relationship of scientific research to economic growth.
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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 34 (1996)
Issue (Month): 3 (September)
|Contact details of provider:|| Web page: https://www.aeaweb.org/journal|
More information through EDIRC
|Order Information:||Web: https://www.aeaweb.org/subscribe.html|
When requesting a correction, please mention this item's handle: RePEc:aea:jeclit:v:34:y:1996:i:3:p:1199-1235. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros)or (Michael P. Albert)
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.