G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6270
DP6270 Comparing Subjective and Objective Measures of Health: Evidence from Hypertension for the Income/Health Gradient
Carol Propper; Michael Shields; David W Johnston
发表日期2007-04-30
出版年2007
语种英语
摘要We develop a model that clarifies the respective advantages and disadvantages of academic and private-sector research. Rather than relying on lack of appropriability or spillovers to generate a rationale for academic research, we emphasize control-rights considerations, and argue that the fundamental tradeoff between academia and the private sector is one of creative control versus focus. By serving as a precommitment mechanism that allows scientists to freely pursue their own interests, academia can be indispensable for early-stage research. At the same time, the private sector's ability to direct scientists towards higher-payoff activities makes it more attractive for later-stage research.
主题Industrial Organization
URLhttps://cepr.org/publications/dp6270
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535104
推荐引用方式
GB/T 7714
Carol Propper,Michael Shields,David W Johnston. DP6270 Comparing Subjective and Objective Measures of Health: Evidence from Hypertension for the Income/Health Gradient. 2007.
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