Creativity-enhancing technological change in the production of scientific knowledge
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Albert N. Link, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: We view scientific publications as a measure of technical knowledge. Using the Solow method of functional decomposition and scientific publication data from the National Institute of Standards and Technology, we find that 79% of the increase in scientific publications per unit of scientific personnel is explained by an increase in federal R&D capital per unit of scientific personnel. We describe the unexplained or residual 21% as a measure of creativity-enhancing technological change, a phenomenon that offers a way to reverse the perceived slowing of the productivity of science. The explained 79% offers a possible metric for federal laboratories’ mandated reporting of a ROI to federal R&D. Understanding the drivers of the residual 21% could enable public policy to mitigate the resource constraints caused by the breakdown of exponential growth of the resources devoted to science.
Creativity-enhancing technological change in the production of scientific knowledge
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Created on 2/14/2022
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Additional Information
- Publication
- Economics of Innovation and New Technology, 29:5, 489-500, DOI: 10.1080/10438599.2019.1636449
- Language: English
- Date: 2020
- Keywords
- scientific publications, technological change, R and D, knowledge production function