An Evaluation of Federal Policy Instruments to Stimulate Basic Research in Industry
通过企业资源分配模型,证明产业对基础研究的投入不足,并评估了种子资金和匹配补贴的效果,提出创新政策方案。
A model of the resource allocation behavior of a group of firms demonstrates that unaided industry allocation to basic (inappropriable) research is suboptimal. Furthermore, provision of seed money is generally counterproductive, while the provision of a matching subsidy is not very cost-efficient in increasing the allocation. Innovative policy alternatives are proposed.