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The Management of Science contains essays from nine
internationally-known experts in the rapidly-developing field of
science studies. These contributions deal both with the broader
issues such as government intervention and with detailed problems
such as advances in biotechnology. They will be of interest to
politicians, civil servants, academics, research-planners and other
members of the community who want to see administered science the
obedient but enterprising servant of a democratic society.
First published in 1974, Devaluation and Pricing Decisions is based
on case studies of the export pricing decisions made by nineteen
major British companies after the 1967 devaluation.The aim was to
look in detail at the decisions that major British firms took after
devaluation and to see how they had responded to this major change
in government policy. This book shows how far the firms had
anticipated the devaluation; what company objectives were at that
time and what changes in these objectives, or in pricing and
marketing policies, were made to take advantage of new
opportunities for exporting and for import substitution. The
researchers also examined the actual process of decision making to
find what information was available to the decision makers and how
they used it. The book is directed to businessmen taking decisions
on export prices and marketing in the world of today where foreign
exchange rates change frequently. It is also directed towards those
responsible for shaping national economic policy. For students of
economics, it represents a study showing, in considerable detail,
how a number of businesses responded to the 1967 devaluation.
Universities in the UK have traditionally operated under a common
system which institutionalises important restrictive practices.
They have operated in a cartel whose output had been regulated by
government. The individual firms (ie universities) are allocated
quotas of students by government, and fees and salaries are set in
ways that are typical of a classic cartel. The university cartel is
underpinned by a further monopoly, granted as of right to each
university. In the UK nobody can award degrees unless empowered to
do so by royal charter. Professor Douglas Hague takes this argument
a stage further by stating that current stage of economic
development is strongly based on the acquisition, analysis and
transmission of information and on its application. Universities
will therefore be forced to share, or even give up, part of their
role as repositories of information and as power bases for ideas
transmitted through teaching and writing. In this richly original
Hobart Paper, Professor Hague identifies the challenges which
universities will have to meet and argues that, if these can be
overcome, universities should be able to survive both as
competitors and complements of the knowledge industries over the
coming decades. First published in 1991, with a second impression
in 1996, this book has stood the test of time and is remarkably
prescient given technical change over the last ten years.
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