@article{83dc61f9e8f8423fa2b26db579f7a2f8,
title = "The economics of science and technology",
abstract = "This paper provides a non-technical, accessible introduction to various topics in the burgeoning literature on the economics of science and technology. This is an interdisciplinary literature, drawing on the work of scholars in the fields of economics, public policy, sociology and management. The aim of this paper is to foster a deeper appreciation of the economic importance of science and technology issues. We also hope to stimulate additional research on these topics.",
author = "Audretsch, {David B.} and Barry Bozeman and Combs, {Kathryn L.} and Maryann Feldman and Link, {Albert N.} and Siegel, {Donald S.} and Paula Stephan and Gregory Tassey and Charles Wessner",
note = "Funding Information: Approximately 61 percent of national R&D is development, with 23 percent of R&D being allocated to applied research and 16 percent being allocated to basic research. Different sectors contribute disproportionately to the Nation{\textquoteright}s funding and performance of these R&D component categories. Applied research and development activities are primarily funded by industry and performed by industry. Basic research, however, is primarily funded by the federal government and generally performed in universities and colleges. The decline in federal support of R&D over the past decade has primarily come at the expense of applied research and development performed in industry.",
year = "2002",
doi = "10.1023/A:1014382532639",
language = "English (US)",
volume = "27",
pages = "155--203",
journal = "Journal of Technology Transfer",
issn = "0892-9912",
publisher = "Kluwer Academic Publishers",
number = "2",
}