Science
Funding and policies

Scientific research is often funded through a competitive process in which potential research projects are evaluated and only the most promising receive funding. Such processes, which are run by government, corporations, or foundations, allocate scarce funds. Total research funding in most developed countries is between 1.5% and 3% of GDP. In the OECD, around two-thirds of research and development in scientific and technical fields is carried out by industry, and 20% and 10%, respectively, by universities and government. The government funding proportion in certain fields is higher, and it dominates research in social science and the humanities. In less developed nations, the government provides the bulk of the funds for their basic scientific research.

Many governments have dedicated agencies to support scientific research, such as the National Science Foundation in the United States, the National Scientific and Technical Research Council in Argentina, Commonwealth Scientific and Industrial Research Organization in Australia, National Centre for Scientific Research in France, the Max Planck Society in Germany, and National Research Council in Spain. In commercial research and development, all but the most research-orientated corporations focus more heavily on near-term commercialisation possibilities than research driven by curiosity.

Science policy is concerned with policies that affect the conduct of the scientific enterprise, including research funding, often in pursuance of other national policy goals such as technological innovation to promote commercial product development, weapons development, health care, and environmental monitoring. Science policy sometimes refers to the act of applying scientific knowledge and consensus to the development of public policies. In accordance with public policy being concerned about the well-being of its citizens, science policy's goal is to consider how science and technology can best serve the public. Public policy can directly affect the funding of capital equipment and intellectual infrastructure for industrial research by providing tax incentives to those organisations that fund research.
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