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For example, Britain is a software-savvy country, spending £23 billion ($42 billion) in 2006 worth 1.75% of GDP, one of the higher levels among advanced countries.Recent research has valued a range of such intangible activities in the business sector of the economy (see article).
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But he's adamant the newly published research has value even if some consider its results a failure.
We recognise that qualitative research has value in its own right and that we adopted a particular perspective here: the potential value of qualitative research undertaken with trials to the generation of evidence of effectiveness, viewing its utility within an 'enhancement model'.
The approach commonly used in biomedical research has traditionally valued the RCT as the ultimate "way of knowing" about how to best treat a medical condition.
Usually, they support basic research that has value because it adds to the scientific literature, or they support commercial work that generally leads to products.
Indeed, we all have an implicit notion of what is meant by social value; most people will agree that cancer research has social value; less agreement may exist on whether research into a human expedition to Mars will have social value.
The additional funding has thus far been very important in sustaining the support of the academic community who believe that beyond the instrumental value of addressing specific stakeholders' needs, research has inherent value as a valid and reliable way to advance knowledge in human experience.
In this environment the role of qualitative research has been less valued by senior government officials.
The research has practical value and can guide similar projects.
With this, data used by Clinical Informatics research has Big Value.
It is driven by the recognition that basic research has intrinsic value, as well as driving technological progress and thus economic development.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com