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Information About Information: Public Investments in Information Retrieval Research

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  • Albert Link
  • Brent Rowe
  • Dallas Wood

Abstract

Information retrieval (IR) is the science and practice of matching information seekers with the information being sought. Research on IR focuses on improving the effectiveness and efficiency of retrieval techniques and evaluating competing retrieval mechanisms. For example, Internet search engines utilize IR techniques to provide relevant information to users. In the United States, about $29 million of public support has been devoted to IR research over the past two decades. Through the activities of the Text Retrieval Conference (TREC) program with the U.S. National Institute of Standards and Technology (NIST). Here, we show empirically that research organizations worldwide that avail themselves of this information have relatively greater IR performance.
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Suggested Citation

  • Albert Link & Brent Rowe & Dallas Wood, 2011. "Information About Information: Public Investments in Information Retrieval Research," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 2(2), pages 192-200, June.
    • Handle: RePEc:spr:jknowl:v:2:y:2011:i:2:p:192-200
    DOI: 10.1007/s13132-011-0046-7
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    References listed on IDEAS

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    1. Gregory Tassey, 2005. "Underinvestment in Public Good Technologies," The Journal of Technology Transfer, Springer, vol. 30(2_2), pages 89-113, January.
    2. Link, Albert N. & Scott, John T., 2011. "Public Goods, Public Gains: Calculating the Social Benefits of Public R&D," OUP Catalogue, Oxford University Press, number 9780199729685, Decembrie.
    3. 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.
    4. Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 17-45, National Bureau of Economic Research, Inc.
    5. Gregory Tassey, 2005. "Underinvestment in Public Good Technologies," Springer Books, in: Albert N. Link & F. M. Scherer (ed.), Essays in Honor of Edwin Mansfield, pages 61-85, Springer.
    6. Donna Harman & Gerald Candela, 1990. "Retrieving records from a gigabyte of text on a minicomputer using statistical ranking," Journal of the American Society for Information Science, Association for Information Science & Technology, vol. 41(8), pages 581-589, December.
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    More about this item

    Keywords

    Information retrieval; Public goods; Knowledge production function;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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