Arbeitspapier
On institutions that produce and disseminate knowledge
This paper investigates institutions for the creation and transmission of knowledge as efficient resource allocation mechanisms. By looking at Science and Technology it develops a two way classification. Science, is a non market allocation mechanism, where knowledge is treated as a pure public good and where the rule of priority provides an incentive scheme for disclosure. Technology, is a market allocation mechanism, where knowledge is treated as a private good and where patents and copyrights preserve property rights. The distinction between these two entities is based on the institutional arrangements involving the allocation of resources for enquiry, not on the differences in the objects and methods of inquiry. The paper compares the rule of priority and patenting as alternative incentive schemes. It also discusses whether it is optimal for society to preserve two different institutions, partly rival and partly complementary, and examines the major policy implications.
- Language
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Englisch
- Bibliographic citation
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Series: Nota di Lavoro ; No. 68.1997
- Classification
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Wirtschaft
Innovation and Invention: Processes and Incentives
Intellectual Property and Intellectual Capital
Management of Technological Innovation and R&D
- Subject
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Science
Technology
Institutions
Incentives
Property rights
Externalities
- Event
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Geistige Schöpfung
- (who)
-
Barba Navaretti, Giorgio
Dasgupta, Partha
Mäler, Karl-Göran
Siniscalco, Domenico
- Event
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Veröffentlichung
- (who)
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Fondazione Eni Enrico Mattei (FEEM)
- (where)
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Milano
- (when)
-
1997
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Barba Navaretti, Giorgio
- Dasgupta, Partha
- Mäler, Karl-Göran
- Siniscalco, Domenico
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 1997