The State of Science

Seed Magazine’s inaugural ‘State of Science’. Features include:

Considering that science is fundamental to the world’s productivity, we collectively spend very little on it. On average, nations spend about 2.3 percent of their GDP on scientific research and development, or roughly one trillion dollars a year worldwide. This number quickly dwindles when divided between every researcher on Earth—especially considering not all research yields immediate returns in terms of money or knowledge. Ultimately, the pressure for practical results placed on science investment can create conflicts of interest. In light of 2008’s massive economical turmoil, finding new ways to make sound investments and manage risk in scientific research has become crucial.