Economics of Science
Organized by Megan MacGarvie and Reinhilde Veugelers
Supported by the Alfred P. Sloan Foundation
September 25-26, 2025
Royal Sonesta Hotel, Parkview Room, 40 Edwin H. Land Blvd., Cambridge, MA and Zoom

Thursday, September 25

12:00 pm

Welcoming Lunch - Charles B

12:30 pm

Introductory Discussion of our Resonance Panel: Setting the Scene: Opportunities, Challenges and Expectations for Economics Research on Science
(chair: Manuel Trajtenberg, Tel Aviv University and NBER)

1:30 pm

The Economics of AI and Science

Ajay K. Agrawal, University of Toronto and NBER
John McHale, University of Galway
Alexander Oettl, Georgia Institute of Technology and NBER

2:10 pm

Open Datasets & Infrastructure at Scale

Matt Marx, Cornell University and NBER
Dror Shvadron, University of Toronto

2:50 pm

Perspectives on RCTs in the Economics of Science

Kevin Boudreau, Northeastern University and NBER

3:30 pm

Break

3:45 pm

Real Effects of Academic Research Revisited

Adam B. Jaffe, Brandeis University and NBER
Valentina Tartari, Stockholm School of Economics
Laura Shupp, Massachusetts Institute of Technology

4:25 pm

The Economics of Early Careers in Science

Donna K. Ginther, University of Kansas and NBER
Joshua Rosenbloom, Iowa State University and NBER

5:05 pm

Science Without Borders? Globalization, Geopolitics, and Scientific Research

Ina Ganguli, University of Massachusetts, Amherst and NBER

5:45 pm

Adjourn

6:00 pm

Dinner at Royal Sonesta

Friday, September 26

8:00 am

Continental Breakfast

9:00 am

Science Funding

Otto Toivanen, Aalto University

9:40 am

Funding Risky Research: An Update and Research Agenda

Reinhilde Veugelers, KU Leuven
Chiara Franzoni, Politecnico di Milano

10:20 am

Taking Stock: The Past and Future of Biomedical Research Funding

Bhaven N. Sampat, Johns Hopkins University and NBER

11:00 am

Break

11:15 am

Discussion by our Resonance Panel: Evaluating the scene of where we are and where we should be in Economics on Science
(chair: Manuel Trajtenberg, Tel Aviv University and NBER)

12:30 pm

Closing Lunch - Charles B

1:30 pm

Adjourn