Science and Innovation: Rethinking the Rationales for Funding and Governance (New Horizons in the Economics of Innovation series) - Hardcover

Aldo Geuna; Ammon J. Salter; W. Edward Steinmueller

 
9781843761099: Science and Innovation: Rethinking the Rationales for Funding and Governance (New Horizons in the Economics of Innovation series)

Synopsis

This book re-examines the rationale for public policy, concluding that the prevailing 'public knowledge' model is evolving towards a networked or distributed model of knowledge production and use in which public and private institutions play complementary roles. It provides a set of tools and models to assess the impact of the new network model of funding and governance, and argues that governments need to adapt their funding and administrative priorities and procedures to support the emergence and healthy growth of research networks. The book goes on to explain that interdependencies and complementarities in the production and distribution of knowledge require a new and more contextual, flexible and complex approach to government funding, monitoring and assessment.

The chapters in this book issue a series of challenges to the next generation of science and technology policy. The need for new systems of governance in science and innovation make a single, all encompassing rationale for public funding unnecessary and irrelevant. The new policy questions that matter concern the means and mechanisms for intervention - the use of policy to harness, support and expand the interaction and dynamism of research networks composed of public and private actors.

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About the Author

Edited by Aldo Geuna, Professor, University of Torino and Collegio Carlo Alberto, Italy, Ammon J. Salter, University of Warwick and W. Edward Steinmueller, R. M. Philips Professor of the Economics of Innovation, Science Policy Research Unit, University of Sussex, UK

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Other Popular Editions of the Same Title

9781843768500: Science and Innovation: Rethinking the Rationales for Funding and Governance (New Horizons in the Economics of Innovation series)

Featured Edition

ISBN 10:  184376850X ISBN 13:  9781843768500
Publisher: Edward Elgar Publishing, 2004
Softcover