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The Economics of Big Science - Essays by Leading Scientists and Policymakers (Hardcover, 1st ed. 2021)
Loot Price: R1,596
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The Economics of Big Science - Essays by Leading Scientists and Policymakers (Hardcover, 1st ed. 2021)
Series: Science Policy Reports
Expected to ship within 12 - 17 working days
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The essays in this open access volume identify the key ingredients
for success in capitalizing on public investments in scientific
projects and the development of large-scale research
infrastructures. Investment in science - whether in education and
training or through public funding for developing new research
tools and technologies - is a crucial priority. Authors from big
research laboratories/organizations, funding agencies and academia
discuss how investing in science can produce societal benefits as
well as identifying future challenges for scientists and policy
makers. The volume cites different ways to assess the
socio-economic impact of Research Infrastructures and their role as
hubs of global collaboration, creativity and innovation. It
highlights the different benefits stemming from fundamental
research at the local, national and global level, while also
inviting us to rethink the notion of "benefit" in the 21st century.
Public investment is required to maintain the pace of technological
and scientific advancements over the next decades. Far from
advocating a radical transformation and massive expansion in
funding, the authors suggest ways for maintaining a strong
foundation of science and research to ensure that we continue to
benefit from the outputs. The volume draws inspiration from the
first "Economics of Big Science" workshop, held in Brussels in 2019
with the aim of creating a new space for dialogue and interaction
between representatives of Big Science organizations, policy makers
and academia. It aspires to provide useful reading for policy
makers, scientists and students of science, who are increasingly
called upon to explain the value of fundamental research and adopt
the language and logic of economics when engaging in policy
discussions.
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