
Must Government Fund Science?
The Soho Forum Debates
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Government Funding of Science and Economic Growth
The chapter delves into the history of government funding for science, examining its impact on technology, industry, and economic growth. It challenges the notion that government investment in pure science leads to significant economic benefits, citing empirical studies and historical examples. The debate between the effectiveness of government funding versus private sector involvement in scientific research is explored, questioning the linear model of innovation and emphasizing the role of basic science in driving technological advancements.
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