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Displaying results 1 to 4 of 4.

  1. Bias against novelty in science
    a cautionary tale for users og bibliometric indicators
    Author: Veugelers, Reinhilde; Wang, Jian; Stephan, Paula E.
    Published: 2016
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (11228)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Array ; DP 11228
    Subjects: Forschung; Wissenschaftliche Publikation; Bibliometrie; Technologiepolitik; Systematischer Fehler; Welt
    Scope: 49 Seiten, Illustrationen
    Notes:

    Erscheint auch als Online-Ausgabe
  2. Bias against novelty in science
    a cautionary tale for users of bibliometric indicators
    Author: Wang, Jian; Veugelers, Reinhilde; Stephan, Paula E.
    Published: 2015
    Publisher:  KU Leuven, Fac. of Economics and Business, Leuven

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: MSI ; 1514
    Subjects: Forschung; Wissenschaftliche Publikation; Bibliometrie; Technologiepolitik; Systematischer Fehler; Welt
    Scope: Online-Ressource (28 S.), graph. Darst.
  3. Bias against novelty in science
    a cautionary tale for users of bibliometric indicators
    Author: Wang, Jian; Veugelers, Reinhilde; Stephan, Paula E.
    Published: April 2016
    Publisher:  National Bureau of Economic Research, Cambridge, MA

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1 (22180)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Working paper series / National Bureau of Economic Research ; 22180
    Subjects: Forschung; Wissenschaftliche Publikation; Bibliometrie; Technologiepolitik; Systematischer Fehler; Welt
    Scope: 49 Seiten, Illustrationen
    Notes:

    Erscheint auch als Online-Ausgabe
  4. Do Funding Agencies Select and Enable Risky Research
    Evidence from ERC Using Novelty as a Proxy of Risk Taking
    Author: Veugelers, Reinhilde; Wang, Jian; Stephan, Paula E.
    Published: August 2022
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    Concern exists that public funding of science is increasingly risk averse. Funders have addressed this concern by soliciting the submission of high-risk research to either regular or specially designed programs. Little evidence, however, has been... more

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Concern exists that public funding of science is increasingly risk averse. Funders have addressed this concern by soliciting the submission of high-risk research to either regular or specially designed programs. Little evidence, however, has been gathered to examine the extent to which such programs and initiatives accomplish their stated goal. This paper sets out to study this using data from the European Research Council (ERC), a program within the EC, established in 2007 to support high-risk/high-gain research. We examine whether the ERC selected researchers with a track record of conducting risky research. We proxy high-risk by a measure of novelty in the publication records of applicants both before and after the application, recognizing that it is but one dimension of risk. We control and interact the risk measure with high-gain by tracking whether the applicant has one or more top 1% highly cited papers in their field. We find that applicants with a history of risky research are less likely to be selected for funding than those without such a history, especially early career applicants. This selection penalty for high-risk also holds among those applicants with a history of high-gain publications. To test whether receiving a long and generous prestigious ERC grant promotes risk taking, we employ a diff-in-diff approach. We find no evidence of a significant positive risk treatment effect for advanced grantees. Only for early career grantees do we find that recipients are more likely to engage in risky research, but only compared to applicants who are unsuccessful at the second stage. This positive treatment effect is in part due to unsuccessful applicants cutting back on risky research. We cautiously interpret this as a "lesson learned" that risk is not rewarded

     
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