The essays in this open access volume identify the key ingredients for success in capitalizing on public investments in scientific projects and the development of large-scale research infrastructures.Investment in science – whether in education and training or through public funding for developing new research tools and technologies – is a crucial priority. Authors from big research laboratories/organizations, funding agencies and academia discuss how investing in science can produce societal benefits as well as identifying future challenges for scientists and policy makers. The volume cites different ways to assess the socio-economic impact of Research Infrastructures and their role as hubs of global collaboration, creativity and innovation. It highlights the different benefits stemming from fundamental research at the local, national and global level, while also inviting us to rethink the notion of “benefit” in the 21st century.Public investment is required to maintain the pace of technological and scientific advancements over the next decades. Far from advocating a radical transformation and massive expansion in funding, the authors suggest ways for maintaining a strong foundation of science and research to ensure that we continue to benefit from the outputs. The volume draws inspiration from the first “Economics of Big Science” workshop, held in Brussels in 2019 with the aim of creating a new space for dialogue and interaction between representatives of Big Science organizations, policy makers and academia. It aspires to provide useful reading for policy makers, scientists and students of science, who are increasingly called upon to explain the value of fundamental research and adopt the language and logic of economics when engaging in policy discussions.
This open book is licensed under a Creative Commons License (CC BY). You can download The Economics of Big Science ebook for free in PDF format (4.0 MB).
The Economics of Big Science
Science and Mathematics
This book looks at some of the central issues in the philosophy of computer science. It is not designed to answer all (or even any) of the philosophical questions that can be raised about the nature of computing, computers, and computer science. Rather, it is designed to "bring you up to speed" on a conversation about these issues - to gi...
Recent reductions in public funding for audiovisual products have led to dramatic changes in the industry. The lack of interaction between the industry and capital markets has made sourcing funds for audiovisual products especially difficult.
This book explains why the distance between the audiovisual and financial markets exists, and considers th...
David Harvey's The Condition of Postmodernity rationalised capitalism's transformation during an extraordinary year: 1989. It gave theoretical expression to a material and cultural reality that was just then getting properly started - globalisation and postmodernity - whilst highlighting the geo-spatial limits to accumulation imposed by o...
Books about Oxford have generally focused on the University rather than the city. This original book on the local politics of Oxford City from 1830 to 1980 is based on a comprehensive analysis of primary sources and tells the story of the city's progressive politics. The book traces this history from Chartism and electoral reform in the mid-ni...
In this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our "petroleum economy." Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, and the interaction of internal limits to grow...
In this bold and original study, Jeff Kochan constructively combines the sociology of scientific knowledge (SSK) with Martin Heidegger's early existential conception of science. Kochan shows convincingly that these apparently quite different approaches to science are, in fact, largely compatible, even mutually reinforcing.
By combining Heid...