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Information about Information: Public Investments in Information Retrieval Research

Albert Link, Brent R. Rowe () and Dallas W. Wood ()
Additional contact information
Brent R. Rowe: RTI International
Dallas W. Wood: RTI International

No 11-10, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: Information retrieval (IR) is the science and practice of matching information seekers with the information being sought. Research on IR focuses on improving the effectiveness and efficiency of retrieval techniques and evaluating competing retrieval mechanisms. For example, Internet search engines utilize IR techniques to provide relevant information to users. In the United States, about $29 million of public support has been devoted to IR research over the past two decades. Through the activities of the Text Retrieval Conference (TREC) program with the U.S. National Institute of Standards and Technology (NIST). Here, we show empirically that research organizations worldwide that avail themselves of this information have relatively greater IR performance.

Keywords: Information retrieval; public goods; knowledge production function (search for similar items in EconPapers)
JEL-codes: D80 H41 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2011-04-19
New Economics Papers: this item is included in nep-cse and nep-ict
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