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Technology futures analysis in the Indian biotechnology innovation system

Technology futures analysis in the Indian biotechnology innovation system Purpose – Technology foresight or technology futures analysis is increasingly being recognised as a tool for planning sustainable development. Similarly, as argued by many, biotechnology could be harnessed for sustainable development. Hence, the purpose of this paper is to map out foresight activities in the Indian biotechnology innovation system. Design/methodology/approach – The present paper has adopted a systemic approach to analyse the foresight activities in the Indian biotechnology sector. An online Delphi survey, including interviews, was conducted for 750 biotech units. Findings – The greatest need of foresight is felt in the biopharma sector, especially in the small- and medium-sized firms. The methodologies used are only pre-foresight in nature and for short-term time horizons. The output preferred is “setting the R&D planning and priorities”. “Assessing socioeconomic and environment impact” is not accorded a high priority. Most of the regulatory agencies do not carry out foresight exercises. Originality/value – The research holds significance for evolving sustainable development policy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png World Journal of Science, Technology and Sustainable Development Emerald Publishing

Technology futures analysis in the Indian biotechnology innovation system

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2042-5945
DOI
10.1108/WJSTSD-07-2014-0018
Publisher site
See Article on Publisher Site

Abstract

Purpose – Technology foresight or technology futures analysis is increasingly being recognised as a tool for planning sustainable development. Similarly, as argued by many, biotechnology could be harnessed for sustainable development. Hence, the purpose of this paper is to map out foresight activities in the Indian biotechnology innovation system. Design/methodology/approach – The present paper has adopted a systemic approach to analyse the foresight activities in the Indian biotechnology sector. An online Delphi survey, including interviews, was conducted for 750 biotech units. Findings – The greatest need of foresight is felt in the biopharma sector, especially in the small- and medium-sized firms. The methodologies used are only pre-foresight in nature and for short-term time horizons. The output preferred is “setting the R&D planning and priorities”. “Assessing socioeconomic and environment impact” is not accorded a high priority. Most of the regulatory agencies do not carry out foresight exercises. Originality/value – The research holds significance for evolving sustainable development policy.

Journal

World Journal of Science, Technology and Sustainable DevelopmentEmerald Publishing

Published: Sep 30, 2014

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