Book contents
- The Trajectory of Discovery
- Reviews
- The Trajectory of Discovery
- Copyright page
- Dedication
- Contents
- Figures
- Acknowledgments
- Introduction
- Section 1 Incentives, Context, and Capital
- Section 2 The Financial Determinants of Discovery
- Chapter 7 The Research Marketplace
- Chapter 8 Winners Take All
- Chapter 9 Public Service
- Chapter 10 The Medici Model
- Chapter 11 The Goldilocks Zone
- Chapter 12 Kindling Creativity
- Section 3 Bending the Arc
- Section 4 Reflecting on the Trajectory
- References
- Index
Chapter 9 - Public Service
How Do Public Institutions Contribute to the Trajectory of Progress?
from Section 2 - The Financial Determinants of Discovery
Published online by Cambridge University Press: 06 April 2023
- The Trajectory of Discovery
- Reviews
- The Trajectory of Discovery
- Copyright page
- Dedication
- Contents
- Figures
- Acknowledgments
- Introduction
- Section 1 Incentives, Context, and Capital
- Section 2 The Financial Determinants of Discovery
- Chapter 7 The Research Marketplace
- Chapter 8 Winners Take All
- Chapter 9 Public Service
- Chapter 10 The Medici Model
- Chapter 11 The Goldilocks Zone
- Chapter 12 Kindling Creativity
- Section 3 Bending the Arc
- Section 4 Reflecting on the Trajectory
- References
- Index
Summary
Chapter 9 is about how public institutions contribute to the trajectory of progress. The most common methods for public involvement are through creating institutions (universities, research facilities, etc.) and through distributing grants. There are any number of combinations by which governments and public institutions can give out grants, with each country having their own unique variation. These mechanisms are crucial in determining the rate and direction of progress. By supporting certain research areas, we commit to making progress in one area while potentially reducing it in others. The chapter is also concerned with how public funding differs from private funding, how important public funding is in steering the direction of research towards areas directly relevant to the common person, and how public funding has become more commercialized.
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- The Trajectory of DiscoveryWhat Determines the Rate and Direction of Medical Progress?, pp. 51 - 55Publisher: Cambridge University PressPrint publication year: 2023