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On the joint production of research and training

Author

Listed:
  • António Freitas

  • Inés Macho-Stadler

Abstract

Universities and research institutions have the responsibility to produce science and to provide training to new generations of researchers. In this paper, we propose a model to analyze the determinants of a senior scientist's decisions about allocating time between these tasks. The results of this decision depend upon the characteristics of the research project, the senior scientist's concern for training and the expected innate ability of the junior scientist involved. We analyze the role that a regulator can play in defining both the value of scientific projects and the future population of independent scientists.

Suggested Citation

  • António Freitas & Inés Macho-Stadler, 2011. "On the joint production of research and training," UFAE and IAE Working Papers 861.11, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    • Handle: RePEc:aub:autbar:861.11
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    Cited by:

    1. António Freitas & Inés Macho-Stadler, 2014. "On the joint production of research and training," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 13(2), pages 71-94, August.

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    Keywords

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    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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