The Historical Origins of 'Open Science’: An Essay on Patronage, Reputation and Common Agency Contracting in the Scientific Revolution
This essay examines the economics of patronage and its influence upon key elements in the ethos and organizational structure of publicly funded open science. The emergence during the late sixteenth and early seventeenth centuries of the idea and practice of “open science" was a distinctive organizational aspect of the Scientific Revolution. It represented a new set of norms, incentives, and organizational structures that reinforced scientific researchers' commitments to rapid disclosure of new knowledge. The rise of “cooperative rivalries” in the revelation of new knowledge, is seen as a functional response to heightened asymmetric information problems posed for the Renaissance system of court-patronage of the arts and sciences. In late Renaissance Europe, the feudal legacy of fragmented political authority had resulted in relations between noble patrons and their savant-clients that resembled the situation modern economists describe as "common agency contracting in substitutes"—competition among incompletely informed principals for the dedicated services of multiple agents.
|Date of creation:||Dec 2007|
|Contact details of provider:|| Postal: 366 Galvez Street, Stanford, California 94305-6015|
Phone: (650) 725-1874
Fax: (650) 723-8611
Web page: http://siepr.stanford.edu
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.:
- Epstein, S. R., 1998. "Craft Guilds, Apprenticeship, and Technological Change in Preindustrial Europe," The Journal of Economic History, Cambridge University Press, vol. 58(03), pages 684-713, September.
- Universities-National Bureau Committee for Economic Research & Committee on Economic Growth of the Social Science Research Council, 1962. "The Rate and Direction of Inventive Activity: Economic and Social Factors," NBER Books, National Bureau of Economic Research, Inc, number univ62-1.
- Richard Nelson, 1962. "Introduction to "The Rate and Direction of Inventive Activity: Economic and Social Factors"," NBER Chapters,in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 1-16 National Bureau of Economic Research, Inc.
- David, Paul A. & Olsen, Trond E., 1992. "Technology adoption, learning spillovers, and the optimal duration of patent-based monopolies," International Journal of Industrial Organization, Elsevier, vol. 10(4), pages 517-543, December.
- James Bessen & Eric Maskin, 2009. "Sequential innovation, patents, and imitation," RAND Journal of Economics, RAND Corporation, vol. 40(4), pages 611-635.