The US National Science Foundation (NSF) will shortly award the second round of research grants under its year-old program to better measure the tangible and intangible returns from both current and future investments in R&D. The program is called Science of Science and Innovation Policy (SciSIP) and is managed by NSF's Directorate of Social, Behavioral and Economic Sciences. Julia Lane, program director, explains that SciSIP was established to develop the data, models and tools that policy makers could use to guide their R&D investment decisions. An ambitious ultimate goal was set out in the program's September 2006 prospectus: to facilitate transformative research on an immensely policy-relevant topic -- the ecology of innovation.
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