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Names:
Directions: Using your notes, create a 4-columned table comparing the major difference among
Academic Science, Industrial Science, and Government Science. Complete the table. DO NOT
COPY FROM THE INTERNET. Use your notes and your notes only.
2. Money goes Funded almost entirely Goes to its own Fund their
the commonwealth laboratories own
laboratories
such as
CSIRO and
assorted state
government
laboratories
4. Seen that Have a strong motive to They have a strong Market failure
contribute their disincentives firms do not
knowledge as quickly want their knowledge
as possible to the spread out, and usually
common pool of insist that their employees
understanding sign non-disclosure
agreements to prevent
knowledge leaking out
5. Types of Public scientists Organizational scientists Private
scientists scientists
10. Understand Can do pure research to And industrial can take Two useful
produce basic knowledge and turn it into concept must
knowledge products and process understood
1
market failure
and public
goods