New Economics of Science, Economics of Scientific Knowledge and the Sociology of Science: The Case of Paul David
2012, Journal of Economic Methodology, 19(4): 391-406
Posted: 1 Feb 2015
Date Written: 2012
Abstract
For a little more than twenty years, the terminology used in the economics of science has changed significantly with the development of expressions such as ‘new economics of science’ (NES) and ‘economics of scientific knowledge’ (ESK). This article seeks to shed light on the use of these different terminologies by studying the work of the economist of science Paul David. We aim to use his work as a case study in order to argue for a difference between NES and ESK and to show, in a concrete way, the sociological ambiguities now going on in the economics of science.
Keywords: economics of science; new economics of science; economics of scientific knowledge; sociology of science; sociology of scientific knowledge; Paul David
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