Climbing atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research
Climbing atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research
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DOI：
10.1257/aer.101.5.1933
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发表时间：
2011-08-01
影响因子：
10.7
通讯作者：
Stern, Scott
中科院分区：
文献类型：
--
作者：
Furman, Jeffrey L.;Stern, Scott
虽然累积的知识生产是增长的核心，但很少有实证研究调查制度如何塑造现有知识是否可以被利用来创造新知识。本文评估了一个特定的机构，生物资源中心，其目标是认证和传播知识的影响。我们从选择的影响中分离出该机构对累积研究的边际影响，其中最重要的发现与研究增强机构有着内在的联系。利用生物材料在机构环境中的外源性转移，并采用差异中的差异方法，我们发现，有效的机构放大了个人科学发现的累积影响。(JEL D02、D83、I23、O30）
While cumulative knowledge production is central to growth, little empirical research investigates how institutions shape whether existing knowledge can be exploited to create new knowledge. This paper assesses the impact of a specific institution, a biological resource center, whose objective is to certify and disseminate knowledge. We disentangle the marginal impact of this institution on cumulative research from the impact of selection, in which the most important discoveries are endogenously linked to research-enhancing institutions. Exploiting exogenous shifts of biomaterials across institutional settings and employing a difference-in-differences approach, we find that effective institutions amplify the cumulative impact of individual scientific discoveries. (JEL D02, D83, I23, O30)