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Formation of startups and new companies
Commercial exploitation of science, technology, and novelty
System of laws, regulations, strategies, and funding priorities
Discovery and creation of new knowledge of the natural world
Application of new knowledge towards useful social ends
The government’s science and technology (S&T) apparatus is now in active consultations to formulate the third national S&T policy (NSTP3) and I have been involved in some and benefitted from them.
In an earlier article (NST 9/7/11), I had briefly described the two previous policies and given some thoughts on what the essentials of the NSTP3 should be. I am now offering further thoughts on the subject.
However, let us first briefly revisit the evolution of science policies in general. Initially it was just a “science policy” emphasizing the need to do “good science”. Then it was an “S&T policy”, linking knowledge (science) do its application (technology). Much later there was a move for a policy for “science for technology for development” focusing on harnessing S&T for national development. This gave rise to the concept of science for development (role of S&T in implementing development) and development for science (measures to strengthen S&T capacity). Currently it is “science, technology and innovation (STI)” policy, implying that doing good science is not good enough. Science must translate into innovative technologies at the marketplace. In other words STI must be an instrument of economic transformation program (ETP), (STI for policy) and in turn STI must be strengthened so it can deliver (Policy for STI).
In this connection, it is important to recognize the two crucial parallel systems of research, development and commercialization (R,D&C) and STI. Research gives knowledge (science), development results in technology which becomes innovation when applied or commercialized.