Science, technology, and economic growth

The relationships between science and technology and economic growth are not at all clear to many of those engaged in science or to those who participate in the business of “growing” the economy. It is a strange paradox that, although the human intellect has been capable of great achievements in science and its pursuit, the translation of science to use by society is not well understood. Indeed, the glittering successes of science have dimmed our perception of the details of the complex process by which man’s understanding of the universe finally enters the world of industry and commerce.

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