The purpose of our contribution is to discuss shortcomings of purely descriptive quantitative evaluation of research policies -- based either on inputs (public investment, number of researchers), or outputs (publications, EU grants, number of patents). To give an example, we compare selected indicators across Visegrad countries in the period…

This paper studies a sample of economies in transition to verify the assertion that returns to schooling increase as an economy transitions to a market environment. This claim has been difficult to assess in the past as the empirical evidence so far has covered only a few countries over short time periods. A number of studies find that returns to…

The evaluation of government-financed research has become increasingly important in the last few decades in terms of increasing the quality of, and payoff from, the research that is done, reducing the cost of doing it, and lending public credibility to the manner in which research is funded. But there are very large differences throughout the…