Behavior and Productivity Implications of Institutional and Project Funding of Research

Maury E. Bredahl, W. Keith Bryant and Vernon Ruttan

American Journal of Agricultural Economics, 1980, vol. 62, issue 3, 371-383

Abstract: A behavioral model of a research scientist is utilized to develop the characteristics of the demand for institutional (lR) and project research (PR) funds. The demand analysis implies a trade-off between the allocative and productive efficiency of IR funding and the research output mix of PR funding. The model is used to evaluate the formula and competitive grant funding of U.S. agricultural research. We conclude that national research policy should be cast in terms of the relative mix of the two systems of support, not in the absolute merits of either system.

Date: 1980
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Working Paper: BEHAVIOR AND PRODUCTIVITY IMPLICATIONS OF INSTITUTIONAL AND PROJECT FUNDING OF RESEARCH (1979)
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:62:y:1980:i:3:p:371-383.

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