A model of privately funded public research

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Standard

A model of privately funded public research. / Greve, Thomas; Keiding, Hans.

I: Journal of Economics/ Zeitschrift fur Nationalokonomie, Bind 140, Nr. 1, 2023, s. 63-91.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Greve, T & Keiding, H 2023, 'A model of privately funded public research', Journal of Economics/ Zeitschrift fur Nationalokonomie, bind 140, nr. 1, s. 63-91. https://doi.org/10.1007/s00712-023-00832-z

APA

Greve, T., & Keiding, H. (2023). A model of privately funded public research. Journal of Economics/ Zeitschrift fur Nationalokonomie, 140(1), 63-91. https://doi.org/10.1007/s00712-023-00832-z

Vancouver

Greve T, Keiding H. A model of privately funded public research. Journal of Economics/ Zeitschrift fur Nationalokonomie. 2023;140(1):63-91. https://doi.org/10.1007/s00712-023-00832-z

Author

Greve, Thomas ; Keiding, Hans. / A model of privately funded public research. I: Journal of Economics/ Zeitschrift fur Nationalokonomie. 2023 ; Bind 140, Nr. 1. s. 63-91.

Bibtex

@article{87a9b3f4ba974362ab5e716d14a5ddda,
title = "A model of privately funded public research",
abstract = "We present a simple model of research, in which it is possible to compare the cost of private versus public research activity. The principal aim is to find conditions under which private firms might decide to provide funding, partially or fully, for research carried out by public research organizations. Since the underlying research problem is given, differences in cost depend mainly on the contracts between the firm or the public organization on one side and the researchers employed in the project on the other, together with the incentives which are implied by these contracts. We find that under suitable assumptions it is advantageous for the private firm to outsource its research to a public organization. The free access for the general public to research results obtained by public research organizations may however be an obstacle to outsourcing, unless some public funding is forthcoming.",
keywords = "Contracts, Innovation, Public-private cooperation, Research",
author = "Thomas Greve and Hans Keiding",
note = "Publisher Copyright: {\textcopyright} 2023, The Author(s).",
year = "2023",
doi = "10.1007/s00712-023-00832-z",
language = "English",
volume = "140",
pages = "63--91",
journal = "Journal of Economics/ Zeitschrift fur Nationalokonomie",
issn = "0931-8658",
publisher = "Springer Wien",
number = "1",

}

RIS

TY - JOUR

T1 - A model of privately funded public research

AU - Greve, Thomas

AU - Keiding, Hans

N1 - Publisher Copyright: © 2023, The Author(s).

PY - 2023

Y1 - 2023

N2 - We present a simple model of research, in which it is possible to compare the cost of private versus public research activity. The principal aim is to find conditions under which private firms might decide to provide funding, partially or fully, for research carried out by public research organizations. Since the underlying research problem is given, differences in cost depend mainly on the contracts between the firm or the public organization on one side and the researchers employed in the project on the other, together with the incentives which are implied by these contracts. We find that under suitable assumptions it is advantageous for the private firm to outsource its research to a public organization. The free access for the general public to research results obtained by public research organizations may however be an obstacle to outsourcing, unless some public funding is forthcoming.

AB - We present a simple model of research, in which it is possible to compare the cost of private versus public research activity. The principal aim is to find conditions under which private firms might decide to provide funding, partially or fully, for research carried out by public research organizations. Since the underlying research problem is given, differences in cost depend mainly on the contracts between the firm or the public organization on one side and the researchers employed in the project on the other, together with the incentives which are implied by these contracts. We find that under suitable assumptions it is advantageous for the private firm to outsource its research to a public organization. The free access for the general public to research results obtained by public research organizations may however be an obstacle to outsourcing, unless some public funding is forthcoming.

KW - Contracts

KW - Innovation

KW - Public-private cooperation

KW - Research

U2 - 10.1007/s00712-023-00832-z

DO - 10.1007/s00712-023-00832-z

M3 - Journal article

AN - SCOPUS:85163398590

VL - 140

SP - 63

EP - 91

JO - Journal of Economics/ Zeitschrift fur Nationalokonomie

JF - Journal of Economics/ Zeitschrift fur Nationalokonomie

SN - 0931-8658

IS - 1

ER -

ID: 371614249