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Investing in Innovation: Creating a Research and Innovation Policy That Works |  | Creators: Lewis M. Branscomb, James H. Keller
Publisher: MIT Press (MA)
Category: Book
List Price: $44.95
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Rating:  2 reviews
Sales Rank: 2671191
Media: Hardcover
Edition: 1
Pages: 516
Number Of Items: 1
Shipping Weight (lbs): 2.2
Dimensions (in): 9.8 x 6.8 x 1.8
ISBN: 0262024462
Dewey Decimal Number: 338.064
EAN: 9780262024464
ASIN: 0262024462
Publication Date: February 1998
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Product Description
"Technology infrastructure has become the foundation for the 'engine of economic growth' for countries around the world. This study on science and technology policy should be a wake-up call for the United States, where we have taken technological superiority for granted for much too long." -- Mary Good, Former Under Secretary of Commerce for Technology Shortly after taking office in 1993, President Bill Clinton and Vice President Al Gore called for a shift in American technology policy toward an expansion of public investments in partnerships with private industry, backed up by scientific research in universities and national laboratories. These plans became the center of an ideological struggle between those who believe that the market alone is sufficient to keep American industry innovative and those who are convinced that government must offer industry expanded research support to meet global competition. The authors of this volume were invited by the Clinton administration to take a hard, nonpartisan look at how successful the new policies have been and to propose ways to make their programs more effective and more likely to attract bipartisan support. The first summary report of the team's recommendations, released in April 1997, was called the "hottest technology policy property on Capitol Hill." This book, an expansion of that report, offers a new set of technology policy principles. These principles provide guidelines for stimulating technical innovation, shaping public/private partnerships, and establishing criteria for federal investments in research. The authors use the principles to evaluate many federal research programs and to make recommendations for change. This volume will set the terms of the debate over the national research and innovation policy for years to come. Contributors: R. Darryl Banks, Michael Borrus, Lewis M. Branscomb, Harvey Brooks, Duncan M. Brown, Christopher M. Coburn, Linda R. Cohen, Frank Field, Richard Florida, Jane E. Fountain, David H. Guston, David M. Hart, George R. Heaton, Jr., Christopher T. Hill, John P. Holdren, Adam B. Jaffe, Brian Kahin, James H. Keller, James Neely, Lucien P. Randazzese, Daniel Roos, Philip Shapira, Jay Stowsky, Scott J. Wallsten.
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| Customer Reviews:
Policy-Oriented Prescriptions October 19, 2005
Robert D. Steele (Oakton, VA United States)
4 out of 4 found this review helpful
Unlike the other three books I recommend below, this book assumes an honest process and strives to recommend the best possible approach to government policy toward science. It was put together during the Clinton years, and its prescriptions have been largely ignored by both the public and the current (Bush) Administration. Of the four, it is the most practical and least controversial.
It does not, however, provide a complete picture. Three other books are helpful:
Science, Money, and Politics: Political Triumph and Ethical Erosion by Daniel Greenberg is by far the best, the standard in the field, the book to buy if you buy only one. The overall picture is ugly: corruption in politics, corruption in the universities, corruption in the corporations, and the public pays in both excessive costs and lost opportunities for advancement.
The Republican War on Science by Chris Mooney is the book that is the most compelling on the perversions of the extremist Republicans (I am a moderate Republican). Read this first or last, depending on your disposition.
Finaly, Frontiers of Illusion: Science, Technology, and the Politics of Progress by Daniel Sarewitz, is an excellent counterpart to Greenberg as well as the other two books If science is corrupt on the one hand, it is also over-sold on the other, a point that Sarewitz addresses very methodically.
I take three bottom lines from these four books together:
1) We are spending too much on military science & research.
2) Neither Congress nor the Executive have a serious strategy for prioritizing problems, finding private sector partners, and providing seed money for innovative solutions.
3) Both Congress and the Executive, as well as the public and the media, are incredibly ignorant about what science can and cannot do, and where all the money is going to generally poor effect.
4) This is all so important that Science, like Intelligence, needs its own Supreme Court. I am persuaded we need a new form of hybid public agency that is fully independent of the Executive, receiving a percentage of the total disposable budget (say 3%) and hence not subject to Congression pressures.
Inspired by one of the other reviews, I would second the view that all these books are US-centric, and that we are missing a huge opportunity for multinational consortiums that might dramatically diversity and accelerate scientific progress, within agreed-upon ethical and cultural parameters, if separated from the ideology of government and the corruption of the private sector.
For S&T policymakers January 30, 2001
Andrea K. Menescal (Brasilia, DF / Brazil)
2 out of 2 found this review helpful
I do strongly recommend this book for S&T poliymakers and all people working on Strategic Policy on Science, Technology and Innovation. Although focused on the American experience, the authors present us with a nice-to-read guide for policy action and decision-making on scientific and technological issues. I call for a special attention to the text of JaneE. Fountain about Social Capital - in today's society the main issue for innovation. Specially in countries like Brazil we do have to enhance actions and activities that improve and enable the creation of a great social capital in order to accelerate innovation processes in the country. It is a book that you must have in your work desk !
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