The Market Economy, And The Scientific Commons

Laboratory of Economics and Management SantAnna School of Advanced Studies perspective Martiri della Libertà, 33 - 56127 PISA (Italy) Tel. +39-050-883-343 Fax +39-050-883-344 Email: lem@sssup.it Web hob: http://www.sssup.it/~LEM/ L EM Working Paper serial publication The merchandise Economy, and the Scientific parking atomic number 18a Richard R. Nelson* * capital of South Carolina University, peeled York, US 2003/24 November 2003 The Market Economy, and the Scientific Commons* Richard R. Nelson , Columbia University August 11, 2003 I. Introduction Modern Capitalism has turn up a remarkably powerful railway locomotive of scientific progress. most(prenominal) of the attention to its workings has focussed on the business firms and entrepreneurs, in operation(p) in a market setting, who are the central actors in developing and introducing new merchandises and processes.. At the same time it is extensive recognized that the power of market stimu lated and guided maneuver and innovation often is dependent on the strength of the suspicion base from which they draw (Nelson, 1993, Mowery and Nelson, 1999) This science base largely is the output of publicly funded research, and the fellowship produced by that research is largely spread out and available for potential innovators to use.

That is, the market part of the Capitalist engine rests on a publicly supported scientific commons. The work of this essay is that the scientific commons is becoming privatized. While the privatization of the scientific commons up to now has been relatively limited, ther e are real dangers that unless halted soon i! mportant portions of time to come tense scientific knowledge ordain be private property and stick outdoor(a) the public domain, and that could be bad news for both the future progress of science, and for technological progress. The erosion of the scientific commons go out not be easy to stop. Here I privation to call the alarm, and to suggest a strategy that has some promise. completely before I get on with this task, I consume to clear some intellectual underbrush. A number of...If you motive to get a full essay, order it on our website: OrderCustomPaper.com

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