Chapter 15. UNIVERSITIES AND BASIC RESEARCH
Vannevar Bush (Science the Endless Frontier, 1945) articulated national science policy after World War II. He described the relationship between basic research and application and how basic research leads to new knowledge. He suggested that basic research is scientific capital, a common fund from which practical applications can be derived and which provides a rationale for public support of basic research. The academic research enterprise has benefited and flourished as a result of public support for Vannevar Bush's basic research policy.
While the basic research enterprise in the United States is composed of governmental, industry, and academic institution research labs, the largest and probably ...
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