The Biomedical Workforce in the US: An Example of Positive Feedbacks
This paper makes the case that the biomedical workforce in the United States is characterized by positive feedbacks. The paper begins by setting out background information on (1) the way in which research is structured in the biomedical sciences; (2) the reward structure among biomedical researchers; and (3) the funding enterprise for biomedical sciences. After addressing these three key components, the paper examines what these mean in terms of the market for graduate stud ents, postdocs and faculty. It then explores ways in which the positive-feedback mechanisms could be dampened. It concludes that the presence of positive feedbacks in the biomedical workforce is a result of system-wide problems. Any fix requires changing incentives. This is unlikely to occur as long as the U.S. Congress and faculty have their way.
|Date of creation:||Jul 2010|
|Contact details of provider:|| Postal: Corso Unione Sovietica, 218bis - 10134 Torino - Italy|
Phone: +39 011 6706060
Fax: +39 011 6706062
Web page: http://www.esomas.unito.it/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- William R. Kerr, 2005.
"Ethnic Scientific Communities and International Technology Diffusion,"
Harvard Business School Working Papers
06-022, Harvard Business School, revised Apr 2007.
- William R. Kerr, 2008. "Ethnic Scientific Communities and International Technology Diffusion," The Review of Economics and Statistics, MIT Press, vol. 90(3), pages 518-537, August.
- Paula E. Stephan, 1996.
"The Economics of Science,"
Journal of Economic Literature,
American Economic Association, vol. 34(3), pages 1199-1235, September.
- Paul M. Romer, 2000.
"Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?,"
NBER Working Papers
7723, National Bureau of Economic Research, Inc.
- Paul M. Romer, 2001. "Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?," NBER Chapters, in: Innovation Policy and the Economy, Volume 1, pages 221-252 National Bureau of Economic Research, Inc.
- Lazear, Edward P & Rosen, Sherwin, 1981.
"Rank-Order Tournaments as Optimum Labor Contracts,"
Journal of Political Economy,
University of Chicago Press, vol. 89(5), pages 841-864, October.
- Patrick Gaulé & Mario Piacentini, 2013. "Chinese Graduate Students and U.S. Scientific Productivity," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 698-701, May.
- Paula E. Stephan, 2010. "The Economics of Science - Funding for Research," ICER Working Papers 12-2010, ICER - International Centre for Economic Research.
- Vietorisz, Thomas & Harrison, Bennett, 1973. "Labor Market Segmentation: Positive Feedback and Divergent Development," American Economic Review, American Economic Association, vol. 63(2), pages 366-76, May.
When requesting a correction, please mention this item's handle: RePEc:icr:wpicer:11-2010. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Simone Pellegrino)
If references are entirely missing, you can add them using this form.