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On the Economics of the Direction of Research.

机译:论经济学的研究方向。

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摘要

This dissertation considers the problem of research lines. Of particular interest are technological areas with many research projects available today, whereby successful invention affects the nature of research targets available tomorrow. I use theory and history to investigate the intersection of research lines with optimal patent policy, inefficient firm R&D behavior, path dependence, and the early histories of the aviation and nuclear industries.;In Section 1, joint with Jorge Lemus, we develop a novel and tractable theory of research direction. We show firms will pursue inefficient research lines because they only capture a portion of the value of downstream innovations, they only care about surplus marginal to what they receive from doing nothing, and they are incentivized to "race'' toward relatively easy projects since they do not account for how their effort affects the time at which various downstream projects become available to other firms.;In Section 2, I use a simplified version of the theory from Section 1 to examine the early history of the nuclear industry. It has long been conjectured that the dominant technology in nuclear power, light water reactors, was both an ex-ante and an ex-post inefficient research target. I consider the potential welfare benefits of counterfactually decreasing targeted subsidies to nuclear plant builders, of allowing stronger patents, and of reacting to apparent "lock-in'' of light water at GE and Westinghouse. I suggest that, in the presence of limited planner knowledge about the value and difficulty of research targets, optimal policy is either always second-best or else involves "picking winners'' in a broad sense.;In Section 3, I investigate the collapse of the early aviation industry in the United States. Despite being the home of the Wright Brothers, by World War I the US aviation industry was nearly extinct. I separate the airplane into its constituent microinventions, and show that even in 1903 the US lagged France and Germany in the development of components that would prove critical to a commercially viable airplane. I suggest that strong pioneer patents can provide early innovators an incentive to shut down sources of technology transfer.
机译:本文考虑了研究路线问题。特别感兴趣的是当今有许多研究项目可用的技术领域,因此成功的发明会影响明天可用的研究目标的性质。我使用理论和历史研究了最优专利政策,无效的公司R&D行为,路径依赖以及航空和核工业的早期历史等研究领域的交集。在第1部分中,我们与Jorge Lemus合作开发了一种新颖的产品。和易处理的理论研究方向。我们显示,公司将追求低效率的研究路线,因为它们仅捕获下游创新的价值的一部分,他们只关心从无所作为中获得的剩余边际收益,并且他们被激励去竞争相对容易的项目,因为它们在第2节中,我使用第1节中的理论的简化版本来检查核工业的早期历史。据推测,核电,轻水反应堆中的主导技术既是事前效率,也是事后效率低下的目标。我认为反事实减少对核电站建设者的有针对性的补贴可能会带来福利收益,因为这将允许获得更强的专利权,并对GE和Westinghouse的轻水的明显“锁定”做出反应。我建议,在规划人员对研究目标的价值和难度缺乏了解的情况下,最优政策要么总是第二好,要么从广义上讲就是“选拔赢家”。在第3节中,我研究了崩溃的原因。尽管是赖特兄弟的故乡,但到了第一次世界大战时,美国航空业几乎灭绝了,我将飞机分解成微型发明,并表明即使在1903年,美国也落后于法国我建议强大的开拓者专利可以为早期的创新者提供动力,以切断他们的技术转让来源。

著录项

  • 作者

    Bryan, Kevin A.;

  • 作者单位

    Northwestern University.;

  • 授予单位 Northwestern University.;
  • 学科 Economics General.;Economics Theory.
  • 学位 Ph.D.
  • 年度 2014
  • 页码 204 p.
  • 总页数 204
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

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