@article{74adf1c815f047a8bc20bd5f9aee122f,
title = "Software engineering technology watch",
abstract = "The evolution of software technology is fast paced and determined by many factors. Most cannot be identified, let alone predicted, with any significant advance notice. An overview is given on a venture in predicting the evolution of software engineering.",
author = "Cowan, {Robert David} and Ali Mili and Hany Ammar and Alan McKendall and Lin Yang and Dapeng Chen and Terry Spencer",
note = "Funding Information: A study by BankBoston [5] concluded in 1997 assesses the economic impact of advanced research at MIT. Quoted from [5] : After surveying 1,300 chief executives and sifting facts for two years, BankBoston concluded that the economic impact of MIT is, in fact, enormous. The 4,000 companies founded by MIT graduates or faculty as of 1994 employed 1.1 million people and generated $232 billion in world sales, the report asserts. … In the United States, MIT related companies employed 733,000 in 1994 at 8,500 plants and offices, located in all 50 states. That is one of every 170 jobs in the country. This study shows, for our purposes, that academic research does have a (largely) quantifiable economic impact. It also provides, for the purposes of our study, a possible model for quantifying the economic impact of scientific research. In a recent study for the National Science Foundation, CHI Research tracked more than 45,000 references from US patents to the underlying research papers, and tabulated both the institutional and financial origins of the cited work; they find that more than 70% of the scientific papers cited on the front page of US patents come from public science – science performed at universities, government labs, and other public agencies. Furthermore, they found that the papers that are cited in patents are from the mainstream of US science, quite basic, relatively recent, and highly influential journals, and authored at prestigious universities and laboratories. Also, studies have shown that for every million dollars in government funding, there are 12 more articles written, 0.50 more patents issued, and $152,015 increase in total faculty salary per institution. 7 ",
year = "2002",
month = jul,
doi = "10.1109/MS.2002.1020299",
language = "English (US)",
volume = "19",
pages = "123--126+128--130",
journal = "IEEE Software",
issn = "0740-7459",
publisher = "IEEE Computer Society",
number = "4",
}