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Tracing the Links Between Basic Research and Real-world Applications

Benjamin F. Jones, professor of Entrepreneurship and Strategy, and Mohammad Ahmadpoor, Postdoctoral Fellow of Strategy, both from the J. L. Kellogg School of Management at Northwestern University, discuss the ongoing controversy about the value of basic science and scholarship. They write that their research shows "remarkably widespread linkages between scientific research and future practical applications."

"Overall, our findings suggest that basic research matters," they write. "Scientific advances are not like the proverbial tree falling in the forest with no one around to hear. Rather, looking across the corpus of science, we find widespread connections to future patents – especially to the most valuable patents."

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