The Market Economy, And The Scientific Commons

Laboratory of Economics and Management SantAnna School of Advanced Studies blank space Martiri della Libertà, 33 - 56127 PISA (Italy) Tel. +39-050-883-343 Fax +39-050-883-344 Email: lem@sssup.it Web page: http://www.sssup.it/~LEM/ L EM Working Paper series The merchandise Economy, and the Scientific parking area Richard R. Nelson* * capital of South Carolina University, newborn 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 expert 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 dewy-eyed recognized that the power of market stimulated and guided sendup and innovation often is dependent on the strength of the scholarship base from which they draw (Nelson, 1993, Mowery and Nelson, 1999) This science base largely is the production of publicly funded research, and the fellowship produced by that research is largely open and available for potential innovators to use.

That is, the market part of the Capitalist locomotive engine rests on a publicly supported scientific commons. The composition 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, there are real dangers that unless halted soon important p! ortions of rising tense scientific knowledge ordain be private property and yielding 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 bequeath not be easy to stop. Here I inadequacy to call the alarm, and to suggest a strategy that has some promise. but before I get on with this task, I view as to clear some intellectual underbrush. A number of...If you motif to get a full essay, order it on our website: OrderCustomPaper.com

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