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Policy Brief 176
Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130
In July 1945, Vannevar Bush wrote the treatise that outlined federal science policy for the next 50 years: Science - The Endless Frontier. Given that the government had not financed in any significant way any non-agricultural research prior to WWII, Bush's report fundamentally altered the federal government's approach to scientific research. The report also strongly influenced the congressional decision to establish the National Science Foundation. Nevertheless, federal government did not implement Bush's policy recommendations, and today there is a shortness of vision to science policy planners. Just as private industry faces an enlarged need for the fruits of R&D, the single largest source of funding in this area is being squeezed.
Vannevar Bush, Federal Science Policy, R&D, National Science Foundation, Policy
Economics | Public Policy
Weidenbaum, Murray L., "Science--The Endless Frontier: A Half Century Later", Policy Brief 176, 1997, doi:10.7936/K7WS8RF6.
Murray Weidenbaum Publications, http://openscholarship.wustl.edu/mlw_papers/145.