Science Bubbles

Vincent Fella Hendricks; David Budtz Pedersen

doi:10.1007/s13347-013-0142-7

Science Bubbles

Vincent Fella Hendricks, David Budtz Pedersen

Department of Communication

Research output: Contribution to journal › Journal article › Research › peer-review

11 Citations (Scopus)

Abstract

Much like the trade and trait sof bubbles in financial markets,similar bubbles appear on the science market. When economic bubbles burst, the drop in prices causes the crash of unsustainable investments leading to an investor confidence crisis possibly followed by a financial panic. But when bubbles appear in science, truth and reliability are the first victims. This paper explores how fashions in research funding and research management may turn science into something like a bubble economy.

Original language	English
Book series	Philosophy and Technology
Volume	45
Issue number	3
Pages (from-to)	250-266
Number of pages	16
ISSN	0923-0106
DOIs	https://doi.org/10.1007/s13347-013-0142-7
Publication status	Published - 19 Nov 2013

Access to Document

10.1007/s13347-013-0142-7

Cite this

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title = "Science Bubbles",

abstract = "Much like the trade and trait sof bubbles in financial markets,similar bubbles appear on the science market. When economic bubbles burst, the drop in prices causes the crash of unsustainable investments leading to an investor confidence crisis possibly followed by a financial panic. But when bubbles appear in science, truth and reliability are the first victims. This paper explores how fashions in research funding and research management may turn science into something like a bubble economy.",

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AB - Much like the trade and trait sof bubbles in financial markets,similar bubbles appear on the science market. When economic bubbles burst, the drop in prices causes the crash of unsustainable investments leading to an investor confidence crisis possibly followed by a financial panic. But when bubbles appear in science, truth and reliability are the first victims. This paper explores how fashions in research funding and research management may turn science into something like a bubble economy.

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