Components of Science-Based Innovation Measurements and Their Links to Public Policies

Abstract

This paper dwells on the measurement of effectiveness and impact in respect of innovations in science and attempts to correlate their links to public policies for funding. It is argued that these links are not often straightforward, making it necessary to analyze and assess how science relates to society more quantitatively. Based on a survey and analysis of relevant statistics, this paper seeks to identify significant measures to indicate effectiveness in science and outline their relations and links to policy. This is necessitated in the context of a more cogent argument for public support of science.