nep-sog New Economics Papers
on Sociology of Economics
Issue of 2014‒11‒28
one paper chosen by
Jonas Holmström
Axventure AB

  1. The Effects of Research & Development Funding On Scientific Productivity: Academic Chemistry, 1990-2009 By Joshua L. Rosenbloom; Donna K. Ginther; Ted Juhl; Joseph Heppert

  1. By: Joshua L. Rosenbloom; Donna K. Ginther; Ted Juhl; Joseph Heppert
    Abstract: This article examines the relationship between Research & Development (R&D) funding and the production of knowledge by academic chemists. Using articles published, either raw counts or adjusted for quality, we find a strong, positive causal effect of funding on knowledge production. This effect is similar across subsets of universities, suggesting a relatively efficient allocation of R&D funds. Finally, we document a rapid acceleration in the rate at which chemical knowledge was produced in the late 1990s and early 2000s relative to the financial and human resources devoted to its production.
    JEL: H50 I23 O31 O32 O38
    Date: 2014–10

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