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Título : Financial Incentives in Academia: Research versus Development
Autor : Banal-Estañol, Albert; Macho-Stadler, Inés
Palabras clave : Faculty behaviour
Basic vs. Applied Research
Fecha de publicación : 13-abr-2007
Serie : UFAE and IAE Working Papers
693.07
Resumen: This paper investigates the effects of monetary rewards on the pattern of research. We build a simple repeated model of a researcher capable to obtain innovative ideas. We analyse how the legal environment affects the allocation of researcher's time between research and development. Although technology transfer objectives reduce the time spent in research, they might also induce researchers to conduct research that is more basic in nature, contrary to what the "skewing problem" would presage. We also show that our results hold even if development delays publication.
URI : http://hdl.handle.net/10261/1710
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