Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75802
Authors: 
Carraro, Carlo
Pomè, Alessandra
Siniscalco, Domenico
Year of Publication: 
2001
Series/Report no.: 
CESifo Working Paper 541
Abstract: 
This paper elaborates on the recent race to sequence the human genome. Starting from the debate on public vs. private research arising from the genome case, the paper shows that in some fundamental research areas, where knowledge externalities play an important role, market and non-market allocation mechanisms do coexist and should coexist in order to ensure socially desirable achievements. A game-theoretic model makes it possible to demonstrate the above results and to characterise some features of an optimal research policy.
Subjects: 
Science
technology
allocation mechanisms
intellectual property rights
welfare
JEL: 
D78
H23
H40
O32
O38
Document Type: 
Working Paper

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