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R&D Policy Models and Data Needs

2001; Springer Nature (Netherlands); Linguagem: Inglês

10.1007/978-1-4615-1689-7_3

2629-5091

Gregory Tassey,

Technology Assessment and Management

From a policy perspective, the "S" portion of Science and Technology (S&T) is relatively easy to deal with. Basic science is widely recognized as close to a pure public good, which means that massive under investment occurs without government support. This premise has been understood and incorporated into policy since the end of World War II.