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Science and Innovation - Rethinking the Rationales for Funding and Governance (Paperback)
Loot Price: R1,847
Discovery Miles 18 470
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Science and Innovation - Rethinking the Rationales for Funding and Governance (Paperback)
Series: New Horizons in the Economics of Innovation series
Expected to ship within 12 - 17 working days
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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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