To get a better grasp of the concept, I turned to the usual first stop for new info (for me) – Wikipedia. According to the source, a think tank is an “organization, institute, corporation, or group that conducts research and engages in advocacy in areas such as social policy, political strategy, science, or technology issues, industrial or business policies, or military advice.”
It appears that many think tanks are non-profit organizations (some with tax-exempt status in some countries), special interest groups, or perhaps funded by some government. Some have very specific and limited purposes, while others tackle all problems within their specialty. Many people admit the benefits of the use of great minds together are exceptional, however there are critics that claim they are "little more than public relations fronts...generating self-serving scholarship that serves the advocacy goals of their industry sponsors.", and some even question their bias towards the sponsoring or funding agency.
Although the term “Think Tank” is a relatively new term (only in vogue since the 1950s) there have been many fine examples from the early nineteenth century such as the Royal United Services Institute for Defence and Security Studies (RUSI), founded in 1831 at the initiative of the Duke of Wellington. Another is the Fabian Society of Britain, founded in 1884 to promote gradual social change. The Brookings Institution, founded in the
Critics such as Ralph Nader have suggested that because of the private nature of the funding of think tanks their results are biased to a varying degree. Some argue members will be inclined to promote or publish only those results that ensure the continued flow of funds from private donors. This risk of distortion similarly threatens the reputation and integrity of organizations such as universities, once considered to stand wholly within the public sector. Some critics go further to assert think tanks are little more than propaganda tools for promoting the ideological arguments of whatever group established them. They charge that most think tanks, which are usually headquartered in state or national seats of government, exist merely for large-scale lobbying to form opinion in favor of special private interests.
Think tanks in the
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