The Implications of Psychological Research for the Economy
Psychological research has an impact on science and our understanding of human behaviour. But it can also have practical benefits to the economy.
Researchers also want to demonstrate that their research has a positive impact on society.
There are numerous examples of how psychological research can contribute to people’s well-being, make citizens more productive, and boost the economy by reducing absence from work.
It can also reduce costs to society, allowing money to be invested into other things such as technical innovations.