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Productivity and financial support in academic bioscience

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  • Sharmistha Nag
  • Hui Yang
  • Steven Buccola
  • David Ervin

Abstract

Despite widespread awareness that scientific record and grant funding reinforce one another, empirical models of scientific production normally consider laboratory inputs to be exogenous. The present article employs a cross-section of academic bioscientists to examine the mutual relationship between research output and financial support. Information's nonrival character is such that scientific output and funding success cannot be expressed in strictly supply-and-demand terms. We find the typical bioscience laboratory to operate in a range of decreasing returns to scale and to over-invest in laboratory equipment and materials. Publication and funding success strongly reinforce one another, explaining the right-skewed success distributions often observed in science.

Suggested Citation

  • Sharmistha Nag & Hui Yang & Steven Buccola & David Ervin, 2013. "Productivity and financial support in academic bioscience," Applied Economics, Taylor & Francis Journals, vol. 45(19), pages 2817-2826, July.
    • Handle: RePEc:taf:applec:v:45:y:2013:i:19:p:2817-2826
    DOI: 10.1080/00036846.2012.676737
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    Cited by:

    1. Zharova, Alona & Härdle, Wolfgang Karl & Lessmann, Stefan, 2023. "Data-driven support for policy and decision-making in university research management: A case study from Germany," European Journal of Operational Research, Elsevier, vol. 308(1), pages 353-368.
    2. Ryazanova, Olga & Jaskiene, Jolanta, 2022. "Managing individual research productivity in academic organizations: A review of the evidence and a path forward," Research Policy, Elsevier, vol. 51(2).
    3. ONISHI Koichiro & OWAN Hideo, 2020. "Heterogenous Impacts of National Research Grants on Academic Productivity," Discussion papers 20052, Research Institute of Economy, Trade and Industry (RIETI).
    4. Andrea Bonaccorsi & Brigida Blasi & Carmela Anna Nappi & Sandra Romagnosi, 2022. "Quality of research as source and signal: revisiting the valorization process beyond substitution vs complementarity," The Journal of Technology Transfer, Springer, vol. 47(2), pages 407-434, April.
    5. Alona Zharova & Wolfgang K. Härdle & Stefan Lessmann, 2017. "Is Scientific Performance a Function of Funds?," SFB 649 Discussion Papers SFB649DP2017-028, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.

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