GLOBAL RISK DIALOGUE

Science research and development plays a vital role in the progress and success of any nation’s economy. Science research innovation journey (from laboratory to market commercialization) is complex but rewarding for any nation.

While nations commit and spend a significant portion of their GDP on science research and development, there is no guarantee that investment in science R&D trend will continue with the change in nation’s governance. This is a risk of great proportions. How can science research and development be ensured completion without any political interference?

•Should political ideology and change in nation’s governance dictate the investment trend in science research and development?
•Should nations R&D institutions be independent and be allowed to work towards directing investments for the research they seem vital?
•Do you see any critical science research impacted by change in governance within your nation?

With an eye on the future, I look forward to a meaningful dialogue to manage critical science R&D risks. Let me know your thoughts.

Jayshree Pandya PhD
Global Risk Advisor

Science research is a blessing to society.
The research challenges nations face in globalizing economies calls for some fundamental common sense in the approach that science takes globally. Time has come for science, business, and government to work hand in hand. Needs of science and business are complementary. This makes it essential that science needs are clearly communicated, goal oriented, and constructively met. Integrating, securing, safeguarding, and centralizing the research findings of public/private science research needs to be a national priority.
This will help in:
1. Avoidance of investments in already solved science research problems
2. Prevent loss in intellectual property due to mismanaged research priorities by both public/private (universities as well as industry)
3. Allow cross industry research /innovation access
4. Meet national and global science goals

What is the state of science within your nation? What are the risks and challenges you see in science research/innovation within your nation?
Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk Advisor