Public and private decisions shaping science and technology increasingly involve international dimensions. Investments in research in one locale have spillover consequences in other locations and other areas of science. International agreements and policy initiatives and the actions of governments and multinational firms regarding trade, regulatory and intellectual property concerns are also impinging on and being affected by innovation processes. The InSTePP center undertakes economic research on strategic science and technology policies, emphasizing the incentives facing and behavior of private entities as well as government actions that affect the conduct, performance and economic consequences of R&D worldwide. Prof. Philip Pardey, Department of Applied Economics, directs this center.
Professor of Science and Technology Policy, Department of Applied Economics
For more information about Prof. Pardey, visit faculty.apec.umn.edu/ppardey/