Optimal public funding for research: a theoretical analysis

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Optimal public funding for research: a theoretical analysis

This article studies how a government should distribute funds among research institutions and how it should allocate them to basic and applied research. Institutions differ in reputation and efficiency, and have an information advantage. The government should award funding for basic research to indu...

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Bibliographic Details
Main Author:	De Fraja, Gianni
Format:	Article
Published:	Wiley
Online Access:	https://eprints.nottingham.ac.uk/30518/

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