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Barcelona GSE Working Paper No. 531

Title: On the Joint Production of Research and Training
Authors: Anténio Freitas & Inés Macho-Stadler
Date: 09-02-2011
Keywords: Allocation of time between tasks; research and training; senior and junior scientists
JEL Codes:
Abstract:
Universities and research institutions have the responsibility to produce science and to provide training to new generations of researchers. In this paper, we propose a model to analyze the determinants of a senior scientist's decisions about allocating time between these tasks. The results of this decision depend upon the characteristics of the research project, the senior scientist's concern for training and the expected innate ability of the junior scientist involved. We analyze the role that a regulator can play in defining both the value of scientific projects and the future population of independent scientists.
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