title: The Effects of Research & Development Funding on Scientific Productivity: Academic Chemistry, 1990-2009.
abstract: This article examines the relationship between Research & Development (R&D) funding and the production of knowledge by academic chemists. Using articles published, either raw counts or adjusted for quality, we find a strong, positive causal effect of funding on knowledge production. This effect is similar across subsets of universities, suggesting a relatively efficient allocation of R&D funds. Finally, we document a rapid acceleration in the rate at which chemical knowledge was produced in the late 1990s and early 2000s relative to the financial and human resources devoted to its production.
authors.affiliation: Department of Economics, Iowa State University, Ames, Iowa, United States of America; National Bureau of Economic Research, Cambridge, Massachusetts, United States of America.
authors.forename: Joshua L
authors.initials: JL
authors.lastname: Rosenbloom
authors.affiliation: Department of Economics, University of Kansas, Lawrence, Kansas, United States of America; National Bureau of Economic Research, Cambridge, Massachusetts, United States of America.
authors.forename: Donna K
authors.initials: DK
authors.lastname: Ginther
authors.affiliation: Department of Economics, University of Kansas, Lawrence, Kansas, United States of America.
authors.forename: Ted
authors.initials: T
authors.lastname: Juhl
authors.affiliation: Department of Chemistry, University of Kansas, Lawrence, Kansas, United States of America.
authors.forename: Joseph A
authors.initials: JA
authors.lastname: Heppert
mesh_terms: D002621:Chemistry / Q000191:economics*; D004526:Efficiency; D005378:Financial Support; D012106:Research / Q000191:economics*