nep-sog New Economics Papers
on Sociology of Economics
Issue of 2016‒07‒02
two papers chosen by
Jonas Holmström
Axventure AB

  1. Economists behaving badly: Publications in predatory journals By Wallace, Frederick; Perri, Timothy
  2. Academic Entrepreneurship: Bayh-Dole versus the 'Professor's Privilege' By Astebro , Thomas B; Braguinsky , Serguey; Braunerhjelm , Pontus; Broström , Anders

  1. By: Wallace, Frederick; Perri, Timothy
    Abstract: The extent of publishing in predatory journals in economics is examined in this paper. A simple model of researcher behavior is presented to explore those factors motivating an economist or other academic to publish in predatory journals as defined by Beall (2015). Beall’s lists are then employed to identify predatory journals and publishers included in the Research Papers in Economics (RePEc) archives. Once identified, the affiliations of authors publishing in these outlets are determined in order to identify the characteristics of those publishing in such outlets. The geographic dispersion of authorship is widespread. A very small subset of authors is registered on RePEc. Slightly more than forty percent of registered authors who publish in predatory journals in the data set have six or fewer publications, and hence might be considered inexperienced. A surprising number of authors who are in the RePEc top 5% also published in predatory journals in 2015.
    Keywords: Predatory Publications, RePEc
    JEL: A10 I2 I20
    Date: 2016–06–01
  2. By: Astebro , Thomas B; Braguinsky , Serguey; Braunerhjelm , Pontus; Broström , Anders
    Abstract: Should society encourage scientists at universities to become entrepreneurs? Using data on U.S. university-employed scientists with a Ph.D. in STEM disciplines leaving their university to become entrepreneurs during 1993-2006 and similar data from Sweden we show evidence suggesting that owning your idea outright (the “Professor’s Privilege”) rather than sharing ownership with your university employer (the Bayh-Dole regime) is strongly positively associated with the rate of academic entrepreneurship but not with apparent economic gain for the entrepreneur. Further analysis show that in both countries there is too much entry into entrepreneurship, and selection from the bottom of the ability distribution among scientists. Targeted policies aimed at screening entrepreneurial decisions by younger, tenure-track academics may therefore produce more benefits for society than general incentives.
    Keywords: Academic entrepreneurship; economic incentives; Bayh-Dole; Professor’s Privilege
    JEL: J20 L26 N32
    Date: 2016–02

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