Academic journal article Research-Technology Management

Science/innovation Policy Metrics

Academic journal article Research-Technology Management

Science/innovation Policy Metrics

Article excerpt

The U.S. National Science Foundation will shortly award the second round of research grants under its year-old program to better measure the tangible and intangible returns from both current and future investments in R&D. The program is called Science of Science and Innovation Policy (SciSIP) and is managed by NSF's Directorate of Social, Behavioral and Economic Sciences.

Julia Lane, program director, explains that SciSIP was established to develop the data, models and tools that policy makers could use to guide their R&D investment decisions. She notes that it was a May 20, 2005 editorial in Science by John H. Marburger III, director of the President's Office of Science and Technology Policy, that got people thinking about SciSIP.

Marburger observed that the value of traditional science and engineering data had been "undermined" by globalization and changing modes of science. "We need econometric models that encompass enough variables in a sufficient number of countries to produce reasonable simulations of the effect of specific policy choices," he wrote. …

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