• Corpus ID: 14413820

Patterns of Patronage: Why Grants Won Over Prizes in Science

@inproceedings{Hanson1998PatternsOP,
  title={Patterns of Patronage: Why Grants Won Over Prizes in Science},
  author={Robin D. Hanson},
  year={1998}
}
Prizes were a common way to patronize basic research in the eighteenth century. Science historians say grants then won over prizes because grants are a superior institution. If different patron types tend to use different patronage forms, however, perhaps the patron types who tend to use grants just became more common. To test this hypothesis, I estimate the use of prize-like vs. grant-like funding among eighteenth century scientific societies. Societies with non-autocratic, non-local… 

Tables from this paper

Inducing Innovation Through Prizes
  • Ja Morgan
  • Economics
    Innovations: Technology, Governance, Globalization
  • 2008
Today, as corporate and philanthropic interests experiment increasingly with different types of competitions to induce breakthroughs, we are experiencing a resurgence of innovation through prizes.
1 GIVING AND RECEIVING AWARDS
Awards in the form of orders, medals, decorations, prizes, and titles are ubiquitous in monarchies and republics, private organizations, and not-for-profit and profit-oriented firms. Nevertheless,
Public Rewards and Innovation Policy: Lessons from the Eighteenth and Early Nineteenth Centuries
There has been renewed interest in recent years in using prizes and rewards to promote innovation. History has played a central role in public debates in the UK about the merits of such
What's Valuable?
This essay is the concluding chapter for The Worth of Goods: Valuation and Pricing in the Economy, edited by Patrik Aspers and Jens Beckert (Oxford University Press). I start with an insight of John
Prizes for *development: The political economy of subsidizing good institutional outcomes
PRIZES FOR DEVELOPMENT: THE POLITICAL ECONOMY OF SUBSIDIZING GOOD INSTITUTIONAL OUTCOMES William M. Butterfield, Ph.D. George Mason University, 2008 Dissertation Director: Dr. Roger D. Congleton This
Entrepreneurship, Knowledge, and the Industrial Revolution
Abstract This paper constructs a two-sector unified growth model. Learning-by-doing in agriculture eventually allows the preindustrial economy to leave its Malthusian trap. But entrepreneurs in the
Challenges to technological and economic foresight in the information society
What happens to our foresight prowess when foundational social changes take place? The paper outlines some basic parameters of the new realities brought about by the information society. Thinking of
Constraints and Institutional Innovation in Science
Innovation in the design of scientific institutions is meaningful if institutional incentives and constraints affect the behavior of scientists, and if progress in science is possible. The case is
Wisconsin's Model for Commercializing Emerging Industrial Technologies
A systematic method for commercializing emerging industrial technologies is an important, but often overlooked part of most industrial energy efficiency programs. Emerging industrial technologies,
...
...

References

SHOWING 1-10 OF 38 REFERENCES
The Emergence of Research Grants within the Prize System of the French Academy of Sciences, 1795-1914
The French Academy of Sciences established many important precedents in the development of modern science. One of these was the prize system, which originally involved the conferral of a few highly
Funding Science: The Real Defects of Peer Review and An Alternative To It
The existence of the procedure of peer-review of proposals (as distinguished from review of papers or completed works) is an extraordinary phenomenon. It has survived for some 30 years because of
The Organization Of Inquiry
Originally published by Duke University Press in 1966, this volume inquires into the problem of science as a social system. The continuing process of improving our knowledge which we call "science"
Is Economics a Science
AbstractA precise definition of science must precede the answer to the question of whether economics can be considered a science. Observable phenomena, general propositions and, based on them,
Gentlemen of Science. Early years of the British Association for the Advancement of Science
Why should wait for some days to get or receive the gentlemen of science early years of the british association for the advancement of science book that you order? Why should you take it if you can
Of medals and men: a reward system in Victorian science, 1826-1914
  • R. Macleod
  • Education
    Notes and Records of the Royal Society of London
  • 1971
TLDR
Though discoveries in science may be the result of genius or accident, and the most important discoveries may have been made by individuals without public assistance, the progress may at all times be materially accelerated by a proper application of public encouragement.
Principals and Agents: The Structure of Business
Eight essays address the inherent problems of the agency relationship, such as monitoring performance and the careful design of incentives. By applying agency theory to actual practices in areas as
French Academy of Sciences
  • Medicine
    Nature
  • 1962
by the side of those athletic combats and trials which were prolonged during the greater part of the day, and in which the candidate wvas tested at every intellectuial point? Now-a-days, each
The Fat and Far … the Lean and Near
Except for the modest proposals that I gave at the end of Chapter 7, I have dealt so far with the question, what happened? I must now ask, what can we do about it? In support of research? In
...
...