Motivation for Scientific Research in the Private Sector

Document Type : Original Article

Author

Mirqah for Scientific Research and Management Consulting, Egypt

Abstract

This paper introduces a model to understand the motivation of companies to conduct in-house scientific research activities. It takes into account both direct profit-maximizing objectives and other indirect ones. To build a full picture, the paper looks closely at the different sources of knowledge in companies then justifies why companies need to produce and publish new knowledge. The main premises of the model is that companies perform basic research to be part of the scientific community. The paper ends by shedding light on the private secotor knowledge production in the age of Open Innovation.

Keywords