IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/v2012y2012i4id861p536-550.html
   My bibliography  Save this article

Ekonomie vědy - naděje, nebo léčka?
[Economics of Science - A Hope or a Pitfall?]

Author

Listed:
  • Marek Loužek

Abstract

The paper poses the question whether the economics of science could be the key to economic methodology. First, the sociology of science, which tries to put science in social context, is described. Then, the economic approach to science, inspired by Tullock, Stigler and Becker, is explained. We point out the problem of circle, according to which putting science in context does not imply relativism as concerns the truth. This conclusion underlines the Popperian message of the paper.

Suggested Citation

  • Marek Loužek, 2012. "Ekonomie vědy - naděje, nebo léčka? [Economics of Science - A Hope or a Pitfall?]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(4), pages 536-550.
  • Handle: RePEc:prg:jnlpol:v:2012:y:2012:i:4:id:861:p:536-550
    DOI: 10.18267/j.polek.861
    as

    Download full text from publisher

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.861.html
    Download Restriction: free of charge

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.861.pdf
    Download Restriction: free of charge

    File URL: https://libkey.io/10.18267/j.polek.861?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. C. S. Peirce, 1967. "Note on the Theory of the Economy of Research," Operations Research, INFORMS, vol. 15(4), pages 643-648, August.
    2. Arthur Diamond, 2005. "Measurement, incentives and constraintsin Stigler's economics of science," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 12(4), pages 635-661.
    3. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 217-273, Elsevier.
    4. Hands, Douglas W., 1985. "Karl Popper and Economic Methodology: A New Look," Economics and Philosophy, Cambridge University Press, vol. 1(1), pages 83-99, April.
    5. K. J. Arrow, 1971. "The Economic Implications of Learning by Doing," Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 11, pages 131-149, Palgrave Macmillan.
    6. Wible James, 1998. "THE ECONOMICS OF SCIENCE, METHODOLOGY AND EPISTEMOLOGY AS IF ECONOMICS REALLY MATTER: Compte rendu de lecture par Emmanuel Martin," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 8(4), pages 555-572, December.
    7. David M. Blank & George J. Stigler, 1957. "The Demand and Supply of Scientific Personnel," NBER Books, National Bureau of Economic Research, Inc, number blan57-1.
    8. Rosenberg, Alexander, 1988. "Economics is Too Important to Be Left to the Rhetoricians," Economics and Philosophy, Cambridge University Press, vol. 4(1), pages 129-149, April.
    9. William A. Brock & Steven N. Durlauf, 1999. "A formal model of theory choice in science," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 14(1), pages 113-130.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carayol, Nicolas & Dalle, Jean-Michel, 2007. "Sequential problem choice and the reward system in Open Science," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 167-191, June.
    2. Ernest Miguélez & Rosina Moreno, 2013. "Do Labour Mobility and Technological Collaborations Foster Geographical Knowledge Diffusion? The Case of European Regions," Growth and Change, Wiley Blackwell, vol. 44(2), pages 321-354, June.
    3. Marin, Giovanni & Vona, Francesco, 2023. "Finance and the reallocation of scientific, engineering and mathematical talent," Research Policy, Elsevier, vol. 52(5).
    4. De Fraja, Gianni, 2011. "A Theoretical Analysis of Public Funding for Research," CEPR Discussion Papers 8442, C.E.P.R. Discussion Papers.
    5. Franco Malerba & Maria Mancusi & Fabio Montobbio, 2013. "Innovation, international R&D spillovers and the sectoral heterogeneity of knowledge flows," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 149(4), pages 697-722, December.
    6. Mark Sanders, 2005. "The Origin of Technical Change; Knowlege Generation, Oppertunities and Entrepreneurship," Papers on Entrepreneurship, Growth and Public Policy 2005-11, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    7. Castelnovo, Paolo & Florio, Massimo & Forte, Stefano & Rossi, Lucio & Sirtori, Emanuela, 2018. "The economic impact of technological procurement for large-scale research infrastructures: Evidence from the Large Hadron Collider at CERN," Research Policy, Elsevier, vol. 47(9), pages 1853-1867.
    8. Castillo, Victoria & Figal-Garone, Lucas & Maffioli, Alessandro & Rojo, Sofia & Stucchi, Rodolfo, 2016. "The Effects of Knowledge Spillovers through Labor Mobility," MPRA Paper 69141, University Library of Munich, Germany.
    9. Richard M. H. Suen, 2013. "Research Policy and U.S. Economic Growth," Working papers 2013-18, University of Connecticut, Department of Economics.
    10. Miguélez, Ernest & Moreno, Rosina, 2015. "Knowledge flows and the absorptive capacity of regions," Research Policy, Elsevier, vol. 44(4), pages 833-848.
    11. Ernest Miguélez & Rosina Moreno, 2013. "“Mobility, networks and innovation: The role of regions’ absorptive capacity”," IREA Working Papers 201316, University of Barcelona, Research Institute of Applied Economics, revised Oct 2013.
    12. Damien Besancenot & Radu Vranceanu, 2015. "Fear Of Novelty: A Model Of Scientific Discovery With Strategic Uncertainty," Economic Inquiry, Western Economic Association International, vol. 53(2), pages 1132-1139, April.
    13. Bramoullé, Yann & Saint-Paul, Gilles, 2010. "Research cycles," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1890-1920, September.
    14. Albert N. Link & Christopher J. Ruhm, 2013. "Bringing science to market:commercializing from NIH SBIR awards," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 1, pages 3-24, Edward Elgar Publishing.
    15. Autant-Bernard, Corinne, 2001. "Science and knowledge flows: evidence from the French case," Research Policy, Elsevier, vol. 30(7), pages 1069-1078, August.
    16. Wu, Wei & Hu, Yingying & Wu, Qinwen, 2023. "Subsidies and tax incentives - Does it make a difference on TFP? Evidences from China's photovoltaic and wind listed companies," Renewable Energy, Elsevier, vol. 208(C), pages 645-656.
    17. Esther-Mirjam Sent, 1999. "Economics of science: survey and suggestions," Journal of Economic Methodology, Taylor & Francis Journals, vol. 6(1), pages 95-124.
    18. Devrim Göktepe-Hulten & Prashanth Mahagaonkar, 2010. "Inventing and patenting activities of scientists: in the expectation of money or reputation?," The Journal of Technology Transfer, Springer, vol. 35(4), pages 401-423, August.
    19. Qiang Zhi & Tianguang Meng, 2016. "Funding allocation, inequality, and scientific research output: an empirical study based on the life science sector of Natural Science Foundation of China," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(2), pages 603-628, February.
    20. Damien Besancenot & Habib Dogguy, 2011. "Paradigm Shift," Working Papers halshs-00590527, HAL.

    More about this item

    Keywords

    methodology of economics; economics of science; sociology of science;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2012:y:2012:i:4:id:861:p:536-550. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.