In most modern economies scientific and technological research activities are conducted in two distinct organizational modes: commercially oriented R&D based upon proprietary information, and noncommercial “open science.” When taken together and kept in proper balance, these form a...

This essay examines the economics of patronage in the production of knowledge and its influence upon the historical formation of key elements in the ethos and organizational structure of publicly funded `open science.' The emergence during the late sixteenth and early seventeenth centuries of...

This essay examines the economics of patronage in the production of knowledge and its influence upon the historical formation of key elements in the ethos and organizational structure of publicly funded open science. The emergence during the late sixteenth and early seventeenth centuries of the...

The research area of the economics of innovation and technological change (EITC) has flourished over the past decades. While it was a relatively marginal field of economics in the 1950s and 1960s, the field has now grown to become a major part of economic analysis. Because many of the early...