Articlegreen1980

Behavior and Productivity Implications of Institutional and Project Funding of Research

Maury E. Bredahl · W. Keith Bryant · Vernon W. Ruttan

14 citations0/0 files storedAmerican Journal of Agricultural Economics

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Research, Science, and Academia Agricultural economics and policies Innovation Policy and R&D

Abstract

Abstract A behavioral model of a research scientist is utilized to develop the characteristics of the demand for institutional (lR) and project research (PR) funds. The demand analysis implies a trade‐off between the allocative and productive efficiency of IR funding and the research output mix of PR funding. The model is used to evaluate the formula and competitive grant funding of U.S. agricultural research. We conclude that national research policy should be cast in terms of the relative mix of the two systems of support, not in the absolute merits of either system.

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References

1965A Theory of the Allocation of Time 1976A New Approach to Consumer Theory 1979Rank-Order Tournaments as Optimum Labor Contracts 1975Bureaucrats and Politicians 1979The Production and Application of New Industrial Technology 1977Peer Review and the Support of Science 1978Interest Groups and the Demand for Agricultural Research 1980Bureaucratic productivity: The case of agricultural research

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