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| Author: | Pavitt, K. |
| Title: | Public policies to support basic research: what can the rest of the world learn from US theory and practice? (And what they should not learn) |
| Journal: | Industrial and Corporate Change
2001 : SEP, special issue, VOL. 10:3, p. 761-779 |
| Index terms: | PUBLIC POLICY RESEARCH USA |
| Language: | eng |
| Abstract: | The information based theoretical model for public support of basic research, developed in the USA at the end of the 1950s, has held up well in political practice, in spite of its neglect of training benefits, of necessary prior investment in research infrastructure and of its consequently limited relevance outside the USA. At the same time, US practice in basic research has often been misinterpreted as being driven by short-term usefulness, whereas its key features are massive and pluralistic government funding, high academic quality, and the ability to invest in the long-term development of new fields. |
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