How Economics Shapes Science

This book PDF is perfect for those who love Business & Economics genre, written by Paula Stephan and published by Harvard University Press which was released on 07 September 2015 with total hardcover pages 318. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related How Economics Shapes Science books below.

How Economics Shapes Science
Author : Paula Stephan
File Size : 55,6 Mb
Publisher : Harvard University Press
Language : English
Release Date : 07 September 2015
ISBN : 9780674267558
Pages : 318 pages
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How Economics Shapes Science by Paula Stephan Book PDF Summary

The beauty of science may be pure and eternal, but the practice of science costs money. And scientists, being human, respond to incentives and costs, in money and glory. Choosing a research topic, deciding what papers to write and where to publish them, sticking with a familiar area or going into something new—the payoff may be tenure or a job at a highly ranked university or a prestigious award or a bump in salary. The risk may be not getting any of that. At a time when science is seen as an engine of economic growth, Paula Stephan brings a keen understanding of the ongoing cost-benefit calculations made by individuals and institutions as they compete for resources and reputation. She shows how universities offload risks by increasing the percentage of non-tenure-track faculty, requiring tenured faculty to pay salaries from outside grants, and staffing labs with foreign workers on temporary visas. With funding tight, investigators pursue safe projects rather than less fundable ones with uncertain but potentially path-breaking outcomes. Career prospects in science are increasingly dismal for the young because of ever-lengthening apprenticeships, scarcity of permanent academic positions, and the difficulty of getting funded. Vivid, thorough, and bold, How Economics Shapes Science highlights the growing gap between the haves and have-nots—especially the vast imbalance between the biomedical sciences and physics/engineering—and offers a persuasive vision of a more productive, more creative research system that would lead and benefit the world.

How Economics Shapes Science

The beauty of science may be pure and eternal, but the practice of science costs money. And scientists, being human, respond to incentives and costs, in money and glory. Choosing a research topic, deciding what papers to write and where to publish them, sticking with a familiar area or going

Get Book
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