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Creating the Market UniversityHow Academic Science Became an Economic Engine$
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Elizabeth Popp Berman

Print publication date: 2012

Print ISBN-13: 9780691147086

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691147086.001.0001

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Academic Science as an Economic Engine

Academic Science as an Economic Engine

Chapter:
(p.1) Chapter 1 Academic Science as an Economic Engine
Source:
Creating the Market University
Author(s):

Elizabeth Popp Berman

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691147086.003.0001

This chapter begins by briefly setting out the book's purpose, which is to address the question of how and why universities, that once self-consciously held themselves apart from the economic world, began to integrate themselves into it. It identifies two reasons why academic science moved toward the market. The first is that it was government that encouraged universities to treat academic science as an economically valuable product. The second is that the spread of a new idea, that scientific and technological innovation serve as engines of economic growth, was critical to this process, transforming first the policy arena and eventually universities' own understanding of their mission. The remainder of the chapter discusses the changing nature of academic science, studying the changes in academic science, and the rise of market logic in academic science. An overview of the subsequent chapters is also presented.

Keywords:   American universities, economics, academic science, economic growth, market logic

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