The rise of research teams: Benefits and costs in economics (Record no. 518489)

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Personal name Jones, Benjamin F.
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Title The rise of research teams: Benefits and costs in economics
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Place of publication, distribution, etc The Journal of Economic Perspectives
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Extent 35(2), Spring 2021: p.191-216
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Summary, etc Economics research is increasingly performed in teams, and team-authored work has a large and increasing impact advantage. This article considers the benefits and costs of this "rise of teams." Among its benefits, teamwork allows individuals to aggregate knowledge in productive and novel ways. For example, as knowledge accumulates over time, individuals become narrower in their expertise, and teamwork is a natural organizational approach to aggregating expertise and maintaining one's reach. But teamwork also brings costs. For example, teamwork divides and obscures credit, which is central to the reward system of science. By clouding credit assignment, teamwork can undermine individual career progression and exacerbate issues of bias. In addressing the rise of teamwork, this paper further considers institutional innovations, especially those inspired by the hard sciences, that can help limit the costs teamwork imposes while realizing the benefits. – Reproduced
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Main entry heading The Journal of Economic Perspectives
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP ECONOMICS - RESEARCH
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Item type Articles

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