Posts Tagged ‘Science Investment Risks’
Science research and development: Nations return on investment at risk in globalizing economies
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review on May 5th, 2009
While nations commit and spend a significant portion of their GDP on science research and development, there is no guarantee that the potential commercialization benefits will come to the investing nation. With increasing trend in global and transnational collaboration getting popular how can a nation ensure that its investment in nations R$D is bringing benefits and prosperity to its own nation?
•Do you think science research needs to be addressed as a business and proper safeguards needs to be in place to protect the fruits of it?
•Do you think the steps taken by your nation to protect its knowledge and findings are sufficient and effective?
•Do you think the commercial technologies coming out from publicly funded research be owned by public? Who do you think should control, profit and benefit from publicly funded research?
Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk advisor
