Social Rate of Return from expenditure on scientific research
Estimates vary but the economic, or social rate of return on publicly funded scientific research could be in the range of over 20–45 % per year, compounded year on year. The greater and more rapid the access to the findings of research the greater the potential prospect of achieving and increasing economic benefit.
Immediately related elementsHow this works
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Mapping the Systems of Science and Technology »Mapping the Systems of Science and Technology
Publishing science »Publishing science
Open science »Open science
Open access – opportunities »Open access – opportunities
1. Stimulate economic growth »1. Stimulate economic growth
Social Rate of Return from expenditure on scientific research
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