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ON SCIENCE, ECONOMICS AND EDUCATION
Authors:McDonald   Joseph C.
Affiliation:Editor-in-Chief
Abstract:In their public statements, politicians and leaders of mostdeveloped countries espouse the doctrine that the growth oftheir respective economies is highly dependent on innovationsresulting from scientific research and development. Many countriessupport science directly or indirectly using a variety of subsidies,grants, contracts, or other financial mechanisms. But, the lion'sshare of support for research and development is usually providedby industry. The statistic often quoted is the percentage ofgross domestic product
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