Incentives in Basic Research

Balancing Incentives: The Tension Between Basic and Applied Research

When effort is multi-dimensional, firms will optimally “balance” the provision of incentives. Setting high-powered incentives along one dimension raises the returns to providing high-powered incentives along other dimensions which compete for the worker’s effort and/or attention (Holmstrom and Milgrom, 1991). We test for this effect in the context of for-profit pharmaceutical laboratories using...

Balancing Incentives in Pharmaceutical Research

When effort is multi-dimensional, firms will optimally “balance” the provision of incentives. Setting high-powered incentives along one dimension raises the returns to providing high-powered incentives along other dimensions which compete for the worker’s effort and/or attention (Holmstrom and Milgrom, 1991). We test for this effect in the context of for-profit pharmaceutical laboratories using...

Basic research in otolaryngology.

This issue of The Journal of Laryngology & Otology features two review articles that focus on areas of basic research in our specialty. Wormald and colleagues review the topic of regenerative medicine. Tissue engineering holds great potential to restore structure and function following resection for disease or congenital abnormality, with tracheal regeneration being at the forefront. This type ...

[Basic research in nursing].

The integration between basic science and research in the field of nursing is an emerging subject and expanding in many countries. However, in Brazil, researchers have shown little interest in exploring this line of research, in spite of the numerous benefits it may bring to nursing care practice. In this article, by means of a bibliographic review, we will focus on the importance of basic rese...

Incentives for Pharmaceutical Research and Development: Investigating the Implications of the Bayh-Dole Act on Nonprofit Basic Science Research