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来源类型Working Paper
规范类型报告
DOI10.3386/w15466
来源IDWorking Paper 15466
Incentives and Creativity: Evidence from the Academic Life Sciences
Pierre Azoulay; Joshua S. Graff Zivin; Gustavo Manso
发表日期2009-10-29
出版年2009
语种英语
摘要Despite its presumed role as an engine of economic growth, we know surprisingly little about the drivers of scientific creativity. In this paper, we exploit key differences across funding streams within the academic life sciences to estimate the impact of incentives on the rate and direction of scientific exploration. Specifically, we study the careers of investigators of the Howard Hughes Medical Institute (HHMI), which tolerates early failure, rewards long-term success, and gives its appointees great freedom to experiment; and grantees from the National Institute of Health, which are subject to short review cycles, pre-defined deliverables, and renewal policies unforgiving of failure. Using a combination of propensity-score weighting and difference-in-differences estimation strategies, we find that HHMI investigators produce high- impact papers at a much higher rate than a control group of similarly-accomplished NIH-funded scientists. Moreover, the direction of their research changes in ways that suggest the program induces them to explore novel lines of inquiry.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w15466
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/573142
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Pierre Azoulay,Joshua S. Graff Zivin,Gustavo Manso. Incentives and Creativity: Evidence from the Academic Life Sciences. 2009.
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