Science and economy
DOI:
https://doi.org/10.3989/arbor.2009.738n1050Keywords:
Science, economy, innovation, impact, evolutionaryAbstract
The relationship between science and economy is a trendy issue, both in the scientific field as in the entrepreneurial and political arena. The main purpose of this work is to show in a synthetic way the state of the art of this matter. To this aim, we put forward the analysis of science developed by economists, focusing in the controversies between the neoclassical and the evolutionary perspective. We also review the empirical evidence offered by different works and sum up the main arguments of the present debate about how science should be organized. Main conclusions show that science and economy are closely related and that their links are complex and dynamic, so that flexible approaches are required in the management and evaluation of the relationship.
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