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The Market for Knowledge Brokers

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  • Jeroen Hinloopen

Abstract

A widely-used policy to diminish the market failure on the market for innovations is the provision of R&D subsidies. However, the absence of competition at several stages of the procurement process could lead to inefficient use of these subsidies. To introduce more competition, a market for knowledge brokers could be created. The role of these knowledge brokers would be at four stages of the procurement process: (i) placing the call for tender; (ii) obtaining research proposals; (iii) monitoring the research efforts; and (iv) disseminating the research results. It can be expected that creation of such a market yields a better match between demand and supply on the market for R&D, yields a higher quality research product for a given price and that it increases the dissemination of research results.

Suggested Citation

  • Jeroen Hinloopen, 2004. "The Market for Knowledge Brokers," Small Business Economics, Springer, vol. 22(5), pages 407-415, June.
    • Handle: RePEc:kap:sbusec:v:22:y:2004:i:5:p:407-415
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    Cited by:

    1. Klerkx, Laurens & Leeuwis, Cees, 2008. "Matching demand and supply in the agricultural knowledge infrastructure: Experiences with innovation intermediaries," Food Policy, Elsevier, vol. 33(3), pages 260-276, June.
    2. Francesco Caputo & Pierpaolo Magliocca & Rossella Canestrino & Erika Rescigno, 2023. "Rethinking the Role of Technology for Citizens’ Engagement and Sustainable Development in Smart Cities," Sustainability, MDPI, vol. 15(13), pages 1-19, July.

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