Overhyped and concentrated investments in research funding are leading to unsustainable science bubbles.
Budtz Pedersen, D.
(2014).
Overhyped and concentrated investments in research funding are leading to unsustainable science bubbles.
David Budtz Pedersen examines how the scientific market exhibits bubble behaviour similar to that of financial markets. Taking as an example the overwhelming investments in neuroscience, such high expectations may actually drain the research system from resources and new ideas. In the end the permanent competition for funding and the lack of ‘risk diversification’, might generate a climate in which citizens and policymakers lose their confidence in science as they did with the financial sector after the 2008 crash.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2014 The Author(s) CC BY 3.0 |
| Departments | LSE |
| Date Deposited | 30 Mar 2017 |
| URI | https://researchonline.lse.ac.uk/id/eprint/71667 |