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
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 68.1997

Classification
Wirtschaft
Innovation and Invention: Processes and Incentives
Intellectual Property and Intellectual Capital
Management of Technological Innovation and R&D
Subject
Science
Technology
Institutions
Incentives
Property rights
Externalities

Event
Geistige Schöpfung
(who)
Barba Navaretti, Giorgio
Dasgupta, Partha
Mäler, Karl-Göran
Siniscalco, Domenico
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
1997

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
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

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