EconPapers    
Economics at your fingertips  
 

Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?

Paul Romer

No 7723, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper suggests that innovation policy in the United States has erred by subsidizing the private sector demand for scientists and engineers without asking whether the educational system provides that supply response necessary for these subsidies to work. It suggests that the existing institutional arrangements in higher education limit this supply response. To illustrate the path not taken, the paper considers specific programs that could increase the numbers of scientists and engineers available to the private sector.

JEL-codes: O38 (search for similar items in EconPapers)
Date: 2000-06
New Economics Papers: this item is included in nep-dev, nep-edu, nep-ino, nep-lab, nep-pbe and nep-pub
Note: LS PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (55) Track citations by RSS feed

Published as Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers? , Paul M. Romer. in Innovation Policy and the Economy, Volume 1 , Jaffe, Lerner, and Stern. 2001

Downloads: (external link)
http://www.nber.org/papers/w7723.pdf (application/pdf)

Related works:
Chapter: Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers? (2001) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:7723

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w7723

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2020-05-24
Handle: RePEc:nbr:nberwo:7723