Book ID: CBB001201809

Creating the Market University: How Academic Science Became an Economic Engine (2012)

unapi

Berman, Elizabeth Popp (Author)


Princeton University Press


Publication Date: 2012
Physical Details: 264 pp.; ill.; bibl.; index
Language: English

American universities today serve as economic engines, performing the scientific research that will create new industries, drive economic growth, and keep the United States globally competitive. But only a few decades ago, these same universities self-consciously held themselves apart from the world of commerce. Creating the Market University is the first book to systematically examine why academic science made such a dramatic move toward the market. Drawing on extensive historical research, Elizabeth Popp Berman shows how the government--influenced by the argument that innovation drives the economy--brought about this transformation. Americans have a long tradition of making heroes out of their inventors. But before the 1960s and '70s neither policymakers nor economists paid much attention to the critical economic role played by innovation. However, during the late 1970s, a confluence of events--industry concern with the perceived deterioration of innovation in the United States, a growing body of economic research on innovation's importance, and the stagnation of the larger economy--led to a broad political interest in fostering invention. The policy decisions shaped by this change were diverse, influencing arenas from patents and taxes to pensions and science policy, and encouraged practices that would focus specifically on the economic value of academic science. By the early 1980s, universities were nurturing the rapid growth of areas such as biotech entrepreneurship, patenting, and university-industry research centers. Contributing to debates about the relationship between universities, government, and industry, Creating the Market University sheds light on how knowledge and politics intersect to structure the economy.

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Reviewed By

Review Beadie, Nancy (2013) Review of "Creating the Market University: How Academic Science Became an Economic Engine". History of Education (p. 541). unapi

Review Benneworth, Paul (2013) Review of "Creating the Market University: How Academic Science Became an Economic Engine". Minerva: A Review of Science, Learning and Policy (pp. 521-527). unapi

Citation URI
https://data.isiscb.org/isis/citation/CBB001201809/

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Authors & Contributors
Waide, Robert
Weißenborn, Leonie
Upstill, Garrett
Yokoyama, Hiromi M.
Yi, Doogab
Wormbs, Nina
Concepts
Government sponsored science
Universities and colleges
Science and government
Science and industry
Science and economics
Academically sponsored science
Time Periods
20th century, late
21st century
20th century
19th century
20th century, early
Places
United States
Canada
Pacific Northwest (North America)
Silicon Valley (California)
Russia
Japan
Institutions
Stanford University
Rossiiskaia Akademiia Nauk
United States. Dept. of Agriculture
Commonwealth Scientific and Industrial Research Organization (CSIRO) (Australia)
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