Sunday, February 25, 2007

Investing in science: a cautionary tale

Read David Dickson's editorial in SciDev.Net

Lead: "A growing consensus on the need for more science and technology in development policies must not lead to excessive expectations."

Dickson writes, quite correctly:
Rash investments could create a backlash similar to that which occurred 25 years ago, after the promises made for S&T during the 1960s and 1970s failed to materialise. The sight of expensive laboratories and equipment lying unused across the developing world led to disenchantment among donors, many of whom felt their investments had been wasted.

The current danger lies in promoting policies that see S&T as drivers of social progress and economic development, rather than components of innovation programmes in which other factors — from regulatory policy to education and training — are just as important.

The scientific community is particularly prone to this one-dimensional approach. Arguing that heavy investment in research and development is enough to promote economic growth naturally appeals to those keen to see scientific laboratories flourish across the developing world.

But experience has shown that such investment is only part of the solution. The real challenge lies in embedding science in all spheres of government policy, and introducing educational, regulatory and fiscal measures to enable innovation to flourish across the economy.

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