The Political Economy of Public Science: a Contribution to the Regulation of Science and Technology

Abstract

The relationship between science, technology and economic performance has been a recurring subject of public discussions and policy debates throughout the past four decades, both in the economically advanced countries and newly industrialising economies. Recently, however, a greater sense of urgency has attended consideration of governmental policies affecting science and technology. With decisionmaking concerning major public expenditure commitments for many purposes held in the tightened grip of fiscal stringencies, resumption of the previous upward trend in the real value of government budget allocations for research, training and development (RTD) activities has been called into question. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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