Abstract
The new prominence given to science for economic growth and industry comes with an increased policy focus on the promotion of commodification and commercialization of academic science. This paper posits that this increased interest in commodification is a new steering mechanism for governing science. This is achieved by first outlining what is meant by the commodification of scientific knowledge through reviewing a selection of literatures on the concept of commodification. The paper concludes with a discussion of how commodification functions as a means for governing science.
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Notes
Compensating for market failure is one of the central arguments for public investment in R&D and the rationale is that the state invests in R&D that would be unlikely to or have difficulty in attracting private investors.
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Jacob, M. On Commodification and the Governance of Academic Research. Minerva 47, 391–405 (2009). https://doi.org/10.1007/s11024-009-9134-2
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DOI: https://doi.org/10.1007/s11024-009-9134-2