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The Impact Of Science And Innovation Measurement In Economic Studies

Author

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  • MARIUS BULEARCA

    (CENTRE FOR INDUSTRY AND SERVICES ECONOMICS, ROMANIAN ACADEMY, BUCHAREST, ROMANIA)

  • CATALIN POPESCU

    (PETROLEUM - GAS UNIVERSITY OF PLOIESTI, ROMANIA)

Abstract

This paper provides a framework to assess the contribution of science and innovation to society. It is divided into three parts. The first part reviews the indicators of the impact of science and innovation available in the literature and explains why economic indicators dominate the field. It also discusses some exercises that try to extend the discussions and measurements of impact to more intangible dimensions, and shows that these interesting results nevertheless fail to properly address the issue. The second part develops a typology of impact covering eleven dimensions. Beyond the economic dimension, the typology concentrates on more intangible ones. Finally, in the end, the third part discusses the challenges confronting social scientists and statisticians interested in measuring the impact of science and innovation.

Suggested Citation

  • Marius Bulearca & Catalin Popescu, 2017. "The Impact Of Science And Innovation Measurement In Economic Studies," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 122-127, December.
    • Handle: RePEc:cbu:jrnlec:y:2017:v:1special:p:122-127
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    References listed on IDEAS

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    5. Susan E Cozzens & Kamau Bobb & Isabel Bortagaray, 2002. "Evaluating the distributional consequences of science and technology policies and programs," Research Evaluation, Oxford University Press, vol. 11(2), pages 101-107, August.
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