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Science and Innovation in the 21st Century:New Paradigms and Challenges for Policy Design
Responsible innovation, entrepreneurial university, translation gap, valley of death, sustainability, risk, regulation and governance broadly encompass the oeuvre of innovation studies, and are becoming ubiquitous concepts in the debate on science, technology and innovation (STI). Close reading of the literature shows distinct strands of research within this domain; lack of convergence in terms of conceptual framework leading to articulation of different models for conduct and governance of science and technology (S&T). The persistent selective framing of innovation is leading to considerable bias in the way we theorize and define innovation, resulting in articulation of weak policy frameworks. This note draws attention to two dominant strands of scholarship within innovation studies, one influenced by economic thinking and the other STS (science– technology–society studies) to make the above claim. Keeping this as the basis of argument, the note posits that this divergence is creating impediments in developing successful models for translation of S&T for socio-economic benefits. Thus it calls for exploring and exploiting models that can build convergence between the different strands of innovation research. In this context, it draws attention to the promising possibilities of the ‘post-normal science’ thesis to show this as one of the useful analytical frameworks in the contemporary context.
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