This paper discusses, first, the properties of scientific and technological knowledge and the institutions supporting its generation and its economic applications. The evidence continues to support the broad interpretation which we call the ʺStanford-Yale-Sussexʺ synthesis. Second, such...

In this paper, we present an evolutionary model of industry dynamics yielding endogenous business cycles with 'Keynesian' features. The model describes an economy composed of firms and consumers/workers. Firms belong to two industries. The first one performs R&D and produces heterogeneous...

The purpose of this paper is to investigate the rivalry between basic and applied research within public research labs. Study design considers the international publications a proxy of basic research, whereas the self-financing deriving from technology transfer activities is an indicator of...

The purpose of this paper is to analyse the relationship between bureaucracy and research performance within Public Research Bodies. The research methodology is applied on a sample of 100 interviewed belonging to 11 institutes of National Research Council of Italy. The main finding is that...

This paper analyses the relationship between economic growth and funding for research. The econometric analysis show that Gross domestic Expenditure on R&D (GERD) as percentage of Gross Domestic Product (GDP) is a important driver of economic growth (R2 adj = 71%) that is measured by GDP per...

Science discovers the root causes of phenomena to explain and predict them in a context of adaptation of life to new economic and social bases, whereas scientific research is a systematic process, applying methods of scientific inquiry, to solve consequential problems, to satisfy human wants, to...

A fundamental problem in the field of social studies of science is why nations produce scientific achievements. Many studies have analyzed characteristics of science and scientific research. However, the motivations of nations to produce scientific research are elusive. Firstly, this study...

This paper discusses, first, the properties of scientific and technological knowledge and the institutions supporting its generation and its economic applications. The evidence continues to support the broad interpretation which we call the Stanford-Yale-Sussex synthesis. Second, such patterns...