IDEAS home Printed from https://ideas.repec.org/p/iso/wpaper/0001.html
   My bibliography  Save this paper

Warum „geniale Ideen“ für wissenschaftlichen Erfolg nicht ausreichen- Überlegungen zur besonderen Ökonomik der Etablierung wissenschaftlicher Standards

Author

Listed:
  • Egon Franck
  • Carola Jungwirth

    () (Institute for Strategy and Business Economics, University of Zurich
    Institute for Strategy and Business Economics, University of Zurich)

Abstract

Becoming famous and in the most favorable scenario winning the Nobel Prize is the dream of many young and ambitious economists. Yet, many young re-searchers are talented and only very few of them succeed to become famous in the course of their career. If we take talent for granted questions of strategy arise: Which are the basic strategic options of young scientists in the process of scientific competition? Which are the basic structural conditions influencing the outcome of strategic actions? What strategic choices should be made depending on given structural conditions? In this paper we approach these questions by drawing from an analogy between scientific para-digms and de facto standards in network industries. As in the business world, reading the market conditions is a prerequisite to developing promising scientific strategies. The typical strategy suggested by common sense reasoning, that is to concentrate on the production of truly brilliant and innovative ideas, will hardly ever bring young scien-tists’ dream come true.

Suggested Citation

  • Egon Franck & Carola Jungwirth, 2001. "Warum „geniale Ideen“ für wissenschaftlichen Erfolg nicht ausreichen- Überlegungen zur besonderen Ökonomik der Etablierung wissenschaftlicher Standards," Working Papers 0001, University of Zurich, Institute for Strategy and Business Economics (ISU).
  • Handle: RePEc:iso:wpaper:0001
    as

    Download full text from publisher

    File URL: http://repec.business.uzh.ch/RePEc/iso/ISU_WPS/1_ISU_full.pdf
    File Function: First version, 2001
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, vol. 62(5), pages 777-795, December.
    2. El-Hodiri, Mohamed & Quirk, James, 1971. "An Economic Model of a Professional Sports League," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1302-1319, Nov.-Dec..
    3. Kenney, Roy W & Klein, Benjamin, 1983. "The Economics of Block Booking," Journal of Law and Economics, University of Chicago Press, vol. 26(3), pages 497-540, October.
    4. Klein, Benjamin & Crawford, Robert G & Alchian, Armen A, 1978. "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," Journal of Law and Economics, University of Chicago Press, vol. 21(2), pages 297-326, October.
    5. Adler, Moshe, 1985. "Stardom and Talent," American Economic Review, American Economic Association, vol. 75(1), pages 208-212, March.
    6. Simon Rottenberg, 1956. "The Baseball Players' Labor Market," Journal of Political Economy, University of Chicago Press, vol. 64, pages 242-242.
    7. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
    8. Daly, George & Moore, William J, 1981. "Externalities, Property Rights and the Allocation of Resources in Major League Baseball," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 77-95, January.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Economics of Science; Individual Placing Strategies; Standardization and Compatibility;

    JEL classification:

    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

    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:iso:wpaper:0001. 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: (IBW IT). General contact details of provider: http://edirc.repec.org/data/isuzhch.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.