We advocate emulating past STI policies that demonstrated success by funding industrial corporations to lead efforts targeted by national government sponsors, and supported by leading university scholars.
Industry deliberately and systematically delivers innovative products and services to the marketplace through established best practice methods characterized by:
Current STI policies attempting to deliver innovations with socio-economic benefit often fail to achieve the intended results because they ignore industry and instead are characterized by:
Government and Non-Profit agencies tend to rely on serendipity; assuming that sponsored project outputs will somehow and someway generate beneficial socio-economic impacts. But serendipity is not a reliable business plan.