Economic interactions between scientists and commercial interests and their impact on scientific knowledge dissemination: a theoretical and empirical investigation

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In recent decades, the debate between scientists, policy-makers and businesses on the usefulness of scientific discoveries has been intense. Despite its clear economic implications, there has been very little economic modeling of the interactions between scientists and firms on key choices such as publication rights and licensing agreements associated with patent protection. These choices impact on the diffusion of scientific knowledge and their productive applications. This project will examine those interactions both at a theoretical and empirical level with the goal of generating insights into whether and how public policy makers should regulate or leave unchecked the commercialisation of science.