Science and Innovation: Rethinking the Rationales for Funding and Governance

by Aldo Geuna (Editor), Ammon J. Salter (Editor), W. Edward Steinmueller (Editor)

Overview

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.

Product Details

ISBN-13:	9781843761099
Publisher:	Edward Elgar Publishing
Publication date:	05/27/2003
Series:	New Horizons in the Economics of Innovation series
Pages:	448
Product dimensions:	6.12(w) x 9.25(h) x (d)

About the Author

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

Table of Contents

Contents: General Introduction Part I: The Evolving Research Policy Environment 1. The Changing Social Contract for Science and the Evolution of the University 2. The Increasing Involvement of Concerned Groups in R&D Policies: What Lessons for Public Powers? 3. Interdisciplinary Research and the Organization of the University: General Challenges and a Case Study Part II: New Actor Relationships 4. Links and Impacts: The Influence of Public Research on Industrial R&D 5. The Evolution of French Research Policies and the Impacts on the Universities and Public Research Organizations 6. Public Research and Industrial Innovation: A Comparison of US and European Innovation Systems in the Life Sciences 7. Research Productivity and the Allocation of Resources in Publicly Funded Research Programmes Part III: Models of Research Funding 8. The Economics of Scientific Research Coalitions: Collaborative Network Formation in the Presence of Multiple Funding Agencies 9. On the Workings of Scientific Communities 10. Funding Basic Research: When is Public Finance Preferable to Attainable ‘Club Goods’ Solutions? 11. On the Provision of Industry-Specific Public Goods: Revisiting a Policy Process Conclusions Index

Editorial Reviews

'This edited volume brings together an international set of the best scholars working in the area of science and technology policy. . . this is an interesting and useful collection. Each section concludes with an integrative and insightful commentary which ties the sections together and offers useful perspectives. . . The editors have done a useful job of solving the problem that plagues many edited volumes - introductory sections create a narrative and the sections and chapters are well integrated.'

Maryann P. Feldman

'. . . the editors have also invested in a conclusion. It is really worthwhile to read it, as it summarises in a condensed and clear way what we may draw from all the different contributions to the book. . . The book offers interesting contributions. . .'

Dietmar Braun