THE RELATIONSHIP BETWEEN
PUBLICLY FUNDED BASIC RESEARCH
AND ECONOMIC PERFORMANCE
A SPRU Review
HM TREASURY
July 1996
Understanding the relationship between publicly funded basic research and economic performance is important, given the considerable size of public expenditure in this area. This report reviews and assesses the academic literature on that relationship. The study was commissioned by HM Treasury and carried out by a team of reseachers at the Science Policy Research Unit, University of Sussex.
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