The Economics of Science and Technology: An Overview of Initiatives to Foster Innovation, Entrepreneurship, and Economic Growth

Feldman, M.P.; Link, Albert N.; Siegel, Donald S.

ISBN 10: 1402070004 / ISBN 13: 9781402070006

Published by Springer, 2002

About this Item

2002 hardcover like new no dust jacket as issued clean crisp white pages Published by Kluwer Academic 135 pages{{{ L-6.

Seller Inventory # 0512HCOAF3T

Bibliographic Details

• Title: The Economics of Science and Technology: An Overview of Initiatives to Foster Innovation, Entrepreneurship, and Economic Growth
• Publisher: Springer
• Publication Date: 2002
• Language: English
• ISBN 10: 1402070004
• ISBN 13: 9781402070006
• Binding: Hardcover
• Condition: Used: Like New

About this title

Synopsis

Science and technology have long been regarded as important determinants of economic growth. Edwin Mansfield (1971, pp. 1- 2), a pioneer in the economics of technological change, noted: Technological change is an important, if not the most important, factor responsible for economic growth . . . without question, [it] is one of the most important determinants of the shape and evolution of the American economy. Science and technology are even more important in the "new economy," with its greater emphasis on the role of intellectual property and knowledge transfer. Therefore, it is unfortunate that most individuals rarely have the opportunity to explore the economic implications of science and technology. As a result, the antecedents and consequences of technological change are poorly understood by many in the general public. This lack of understanding is reflected in a recent survey conducted by the National Science Board (2000), summarized in Science & Engineering Indicators. ' As shown in Table 1. 1, the findings of the survey indicated that many Americans, despite a high level of interests in such matters, are not as well-informed about technological issues as they are about other policy issues. As shown in the table, individuals self assess, based on a scale from 1 to 100, their interest in science and technology policy issues as being relatively high, yet they self assess their knowledge or informedness about these issues relatively lower.