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Why do nations produce science advances and new technology?

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  • Coccia, Mario

Abstract

One of the interesting questions in the field of social sciences is to explain why nations produce science advances and new technology that generate economic and social change. This paper endeavors to clarify some drivers of science and technology (S&T) of nations. The thesis of this paper is that nations produce science advances and new technology to endorse a socio economic power and leadership directed to take advantage of important opportunities or to cope with environmental threats in competitive settings. In general, science advances and new technology are due to organized social and economic efforts of nations to achieve breakthroughs directed to support national interests of institutions and wellbeing of population. In particular, the production of science advances and new technology is driven by individuals, which have the natural tendency to seek out novelty and challenges, to explore, to learn and to achieve goals within efficient organizations in line with national interests. Preliminary empirical evidence here seems to support the factors underlying motivations of nations to produce science advances and new technology in society. Overall, then this paper may form a ground work for development of more sophisticated studies and theoretical frameworks that explain the drivers of S&T in society.

Suggested Citation

  • Coccia, Mario, 2019. "Why do nations produce science advances and new technology?," Technology in Society, Elsevier, vol. 59(C).
  • Handle: RePEc:eee:teinso:v:59:y:2019:i:c:s0160791x18303300
    DOI: 10.1016/j.techsoc.2019.03.007
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    14. Thomas Scherngell & Charlotte Rohde & Martina Neuländtner, 2020. "The dynamics of global R&D collaboration networks in ICT: Does China catch up with the US?," PLOS ONE, Public Library of Science, vol. 15(9), pages 1-17, September.
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    More about this item

    Keywords

    Science advances; Scientific research; New technology; Technological ecosystem; Social power; Global leadership; Evolution of science; Global leadership; Economics of science; Political economy of science; Commercialization of science; R&D investments; Technological change;
    All these keywords.

    JEL classification:

    • N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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