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The Particular Challenges Facing Science, Technology And Innovation Policy-makers In a Rapidly Industrialising Nation State - Essay Example

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Innovation is relevant to economic sustainability, to the social and cultural life. This paper will discuss the challenges facing the policy makers in a rapidly industrializing nation due to the innovation and advancement in science and technology. …
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The Particular Challenges Facing Science, Technology And Innovation Policy-makers In a Rapidly Industrialising Nation State
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"The Particular Challenges Facing Science, Technology And Innovation Policy-makers In a Rapidly Industrialising Nation State"

Download file to see previous pages This essay approves that building effective knowledge systems require time and patience. These have to be built on a long-term perspective that can take account of slow impact of ideas on practice. Field experience is essential apart from enhancing human and institutional capital. Thus rapidly industrializing nations have to keep the communication channels open and updated.
This paper makes a conclusion that the global problems are common to all countries but the challenge lies with the rapidly industrializing nations in handling these issues. Whether it is biotechnology, environmental protection or the internet technology, the challenges in each case remains two fold – authoritative regimes, and lack of development of the human capital. For knowledge to be effective, for innovation to be sustainable the right action at the right time is essential. In other words innovation management has to be applied which requires educating the masses. Lack of information dissuades the common people from incorporating technology in their lives. The governments have to be transparent in their dealings to win the trust of the people. They also need to partner with the private sector which facilitates incorporation of technology. To save the world from starvation, environmental degradation and allow sustainable growth, the developing nations have to cooperate with the developed nations and international bodies. Innovation and advancement in science and technology can only be met when policy changes are effected at the government level. ...Download file to see next pagesRead More
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