Affordability, Accessibility, and Accountability in California Stem Cell Research

In November 2004, California voters approved Prop 71 which authorized $6 billion dollars in taxpayer subsidized bonds and bond financing charges for stem cell research. This report reviews the promises that Prop 71 makes to the pubic, such as all Californians having access to new medical breakthroughs and that the state would receive royalties that would payback the publics investment.

Industry R&D Location: the role of accessibility to university R&D and institutions of higher education

The purpose of this paper is to analyze to what extent that the location and the extent of higher education and university R&D, respectively, influence the location and the extent of industry R&D in Sweden using an accessibility approach. After an extensive literature survey, we develop a simple theoretical model for the location of R&D from the perspective of a multinational enterprise. From this theoretical model, we then deduce our empirical model, which we then estimate in the form of a Tobit model using data from Swedish labour market regions and municipalities.