Research funding as an investment--can we measure the returns?

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Page 55 - The best person to decide what research work shall be done is the man who is doing the research. The next best is the head of the department. After that you leave the field of best persons and meet increasingly worse groups. The first of these is the research director, who is probably wrong more than half the time. Then comes a committee, which is wrong most of the time.
Page 38 - Chicago, and from the Office of the Assistant Secretary for Planning and Evaluation of the Department of Health and Human Services to the Institute for Research on Poverty of the University of Wisconsin.
Page 3 - Prepared at the rquest of the Task Force on Science Policy of the House Committee on Science and Technology, the report examines the effects of long-term demographic trends on the scientific and engineering work force.
Page 55 - Company, once put it, even if too vigorously : ' 'the best person to decide what research work shall be done is the man who is doing the research, and the next best person is the head of the department, who knows all about the subject and the work ; after that you leave the field of the best people and start on increasingly worse groups, the first...
Page 14 - Measuring Economic Effects of Federal R&D Expenditures: Recent History with Special Emphasis on Federal R&D Performed in Industry," paper presented at NAS Workshop on "The Federal Role in Research and Development,
Page 48 - Originally developed to help balance the overall risk and return of stock and bond portfolios, these principles have been applied increasingly to the creation and management of corporate portfolios — that is, a cluster of companies and product lines assembled through various modes of diversification under a single corporate umbrella. When applied by a remote group of dispassionate experts primarily concerned with finance and control and lacking hands-on experience, the analytic formulas of portfolio...
Page 24 - March of 2001 that it intended to implement recommendations of the National Academy of Sciences' Committee on Science, Engineering, and Public Policy (COSEPUP) regarding the need for better compensation and employment benefits for post-doctoral fellows.
Page 51 - Economic Evaluation of Research and Development: A Brief Survey of Theory and Practice," Journal of Industrial Engineering, Volume 17, No.
Page 65 - US government agencies produce printed and online secondary services for thousands of reports every year: the Department of Energy (DOE), the National Aeronautics and Space Administration (NASA), and the Educational Resources Information Center (ERIC).

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