Empowering University Partners
Chapter 4: Crowding-in versus crowding-out of public good research
We explore whether private funding crowds-in or crowds-out public good research for each of two major paradigms. We emphasize the critical roles of bargaining that must necessarily take place in establishing public–private joint ventures as well as the incentives among the two agents: research administrators and private industry representatives. In addition to private sector incentives, a governance structure is specified for university research administrators. Both static and dynamic representations are developed. Crowding-in and/or crowding-out is shown to depend critically on the bargaining structure between these two parties.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.