Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 20 March 2019

Abstract and Keywords

This article examines the importance of science and technology in business innovation. It discusses the distinction between scientific research and technology and considers the justifications for government funding and the trade-offs between private and public financing and control of research. It describes science-based industries which are more directly dependent than others upon science for innovation and growth, and highlights the importance of university–industry interactions in business innovation. This article also discusses the challenges for business managers in determining how much science to invest in and perform within the firm, and how much to try to gain through external linkages by means of spillovers, networks, and partnerships.

Keywords: business innovation, science, technology, scientific research, government funding, science-based industries, university-industry interactions

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.