Essec\Faculty\Model\Contribution {#2233 ▼
#_index: "academ_contributions"
#_id: "14698"
#_source: array:26 [
"id" => "14698"
"slug" => "14698-reluctance-to-pursue-breakthrough-research-a-signaling-explanation"
"yearMonth" => "2024-05"
"year" => "2024"
"title" => "Reluctance to pursue breakthrough research: A signaling explanation"
"description" => "BESANCENOT, D. et VRANCEANU, R. (2024). Reluctance to pursue breakthrough research: A signaling explanation. <i>Research Policy</i>, 53(4), pp. 104974. 
BESANCENOT, D. et VRANCEANU, R. (2024). Reluctance to pursue breakthrough research: A signaling expl "
"authors" => array:2 [
0 => array:3 [
"name" => "VRANCEANU Radu"
"bid" => "B00000524"
"slug" => "vranceanu-radu"
]
1 => array:1 [
"name" => "Besancenot Damien"
]
]
"ouvrage" => ""
"keywords" => array:4 [
0 => "Economics of science"
1 => "Breakthrough innovation"
2 => "Multi-task"
3 => "Signaling"
]
"updatedAt" => "2024-10-31 13:51:19"
"publicationUrl" => "https://doi.org/10.1016/j.respol.2024.104974"
"publicationInfo" => array:3 [
"pages" => "104974"
"volume" => "53"
"number" => "4"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "The current state of scientific research is disappointing due to the lack of significant breakthroughs, despite an ever-increasing number of publications and substantial resources invested in R&D activities. This paper proposes a signaling model as a complementary explanation to this phenomenon. If managers of research institutions can observe publications but are unable to observe breakthrough innovations, low-skilled scholars might reduce their investment in exploratory research and instead invest time in publishing as many papers as high-skilled scholars. This would allow them to claim the same level of compensation. In response to the imitation by low-skilled scholars, high-skilled scholars would publish even more, reaching a point where low-skilled scholars would abandon the imitation strategy. This mechanism leads to an equilibrium with (1) insufficient investment in exploratory research by high-skilled scholars, (2) excessive focus on publishing papers, (3) reduced effectiveness of resource-based incentives for exploratory research, and (4) reduced effectiveness of reward-based incentives for research. The current state of scientific research is disappointing due to the lack of significant breakthroug "
"en" => "The current state of scientific research is disappointing due to the lack of significant breakthroughs, despite an ever-increasing number of publications and substantial resources invested in R&D activities. This paper proposes a signaling model as a complementary explanation to this phenomenon. If managers of research institutions can observe publications but are unable to observe breakthrough innovations, low-skilled scholars might reduce their investment in exploratory research and instead invest time in publishing as many papers as high-skilled scholars. This would allow them to claim the same level of compensation. In response to the imitation by low-skilled scholars, high-skilled scholars would publish even more, reaching a point where low-skilled scholars would abandon the imitation strategy. This mechanism leads to an equilibrium with (1) insufficient investment in exploratory research by high-skilled scholars, (2) excessive focus on publishing papers, (3) reduced effectiveness of resource-based incentives for exploratory research, and (4) reduced effectiveness of reward-based incentives for research. The current state of scientific research is disappointing due to the lack of significant breakthroug "
]
"authors_fields" => array:2 [
"fr" => "Economie"
"en" => "Economics"
]
"indexedAt" => "2025-03-31T01:21:45.000Z"
"docTitle" => "Reluctance to pursue breakthrough research: A signaling explanation"
"docSurtitle" => "Articles"
"authorNames" => "<a href="/cv/vranceanu-radu">VRANCEANU Radu</a>, Besancenot Damien"
"docDescription" => "<span class="document-property-authors">VRANCEANU Radu, Besancenot Damien</span><br><span class="document-property-authors_fields">Economie</span> | <span class="document-property-year">2024</span> <span class="document-property-authors">VRANCEANU Radu, Besancenot Damien</span><br><span class="doc "
"keywordList" => "<a href="#">Economics of science</a>, <a href="#">Breakthrough innovation</a>, <a href="#">Multi-task</a>, <a href="#">Signaling</a> <a href="#">Economics of science</a>, <a href="#">Breakthrough innovation</a>, <a href="#">Multi-tas "
"docPreview" => "<b>Reluctance to pursue breakthrough research: A signaling explanation</b><br><span>2024-05 | Articles </span> <b>Reluctance to pursue breakthrough research: A signaling explanation</b><br><span>2024-05 | Articl "
"docType" => "research"
"publicationLink" => "<a href="https://doi.org/10.1016/j.respol.2024.104974" target="_blank">Reluctance to pursue breakthrough research: A signaling explanation</a> <a href="https://doi.org/10.1016/j.respol.2024.104974" target="_blank">Reluctance to pursue breakthr "
]
+lang: "fr"
+"_type": "_doc"
+"_score": 8.798394
+"parent": null
}
