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Equilibrium. Equilibrium. Quarterly Journal of Economics and Economic Policy

Excessive Accumulation of Knowledge as a Challenge to Science Policy
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Excessive Accumulation of Knowledge as a Challenge to Science Policy

Authors

  • Małgorzata Wachowska University of Wrocław

DOI:

https://doi.org/10.12775/EQUIL.2014.016

Keywords

excessive accumulation of knowledge, individual innovative productivity, teamwork, science policy

Abstract

In response to current economic theories, a special emphasis is put on the need for continuous acquisition of knowledge. The stock of knowledge, however, is growing very dynamically, which leads to shifts in the scientific process. There are shifts in individual innovative productivity, which is manifested by the fact that the contribution of young scientists to science is getting smaller and – as a result of deepening of specialization – the dominance of teamwork increases. These two fundamental changes taking place in science should imply changes in the approach to science policy.

In the face of “ageing” of innovators, policy makers should put more emphasis on creating incentives for young people to enter scientific careers (higher wages in science, more attractive grants at the peak of scientific career; contrary to popular beliefs, grant systems should not be created specifically for young people). A measure increasing the interest in scientific careers could also be a shortening of education which, however, is difficult to achieve.

A response of science policy to the increasing dominance of teamwork should be (1) implementation of changes in the remuneration system for researchers, which should evolve from individual-oriented rewarding to team-oriented rewarding, as well as (2) implementation of changes in the evaluation system, which should be aimed towards team evaluation.

References

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Equilibrium. Equilibrium. Quarterly Journal of Economics and Economic Policy

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Published

2014-11-03

How to Cite

1.
WACHOWSKA, Małgorzata. Excessive Accumulation of Knowledge as a Challenge to Science Policy. Equilibrium. Equilibrium. Quarterly Journal of Economics and Economic Policy. Online. 3 November 2014. Vol. 9, no. 3, pp. 29-40. [Accessed 6 July 2025]. DOI 10.12775/EQUIL.2014.016.
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Issue

Vol. 9 No. 3 (2014)

Section

Chosen Elements of National Innovations Systems

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