Who Foots the Bill?

Scientific and Technological advancement has developed in more ways than one. The development of tools, transport system, use of technology and daily mechanical use, has make working easier and in so doing has also changed the ways of governing. Before understanding the importance of science and technology, it is important for us to understand that science and technology are closely associated with our lives. They are closely linked aspects of society and the studies and developments in both of sciences and technology are essential for the overall progress of society.
There is no doubt that scientific advances depend not only on new ideas, conceptual leaps and paradigm shifts, but also to a large extent on technological advances that make these steps possible. The discovery of the green fluorescent protein, increasingly sophisticated microscopes, and the development of in vitro assays that faithfully reproduce cellular functions are just a few examples of technical advances that have spurred on many areas of cell biology. Technologies that are easily adapted to simple and affordable everyday use in the laboratory have certainly changed the speed of scientific progress.
The polymerase chain reaction technology, for example — the simple elegance of which made many of us regret not having thought of it ourselves has quickly evolved to the point where polymerase chain reaction machines are part of the standard laboratory equipment without which many experiments would be immensely time-consuming or simply not possible. The importance of access to technological know-how is also reflected in the job market. Researchers who can bring new techniques to an institute are well sought after, just as the availability of

techniques and service facilities makes a research institute more attractive to scientists.

When it comes to science and technology, we cannot forget the automobile and the automobiles and transport industries that have grown tremendously on account of the development of science and engineering. Technology and advancement have driven the developments in different modes of transport. Bicycles have transformed into scooters and sport bikes. Four and six wheeled vehicles have started running on the road thanks to advancing technology.
The World Wide Web has being an enormous base, from which information can be received by means of the search engine. Information from all around the world is housed on the web. Thanks to the development of the web technology, the information can be stored in an organize manner and relevant information can also be retrieved on supplying search strings to the web search engines.
Digitization of information has been a major breakthrough in the world of information technology. It has made possible the compaction of information, which in turn allows efficient information storage.
The most important benefit of science is the luxury it has brought to daily life. The mechanization of industrial processes has reduced human effort. House appliances that are in daily use of the common man are a result of scientific research. Machines have replaced human beings in monotonous and risk-bearing tasks. There are no doubts scientific and technological advancement have made life easy,

but are they sufficiently important that there should be funded and promoted by the Government agencies?
The government is just the people we gave the job to facilitate the transfer of public funds to where they will benefit the public most.
Government agencies however, should not be the sole source of funds towards scientific and technological advancement. Private industry can and does provide

massive funds for scientific and technological advancement, but it does so with an eye towards profit. That 's not a bad thing at all, but it limits the scope of science, and its very usefulness.

That 's where government, not as constrained by a bottom line, comes in.
Regulation may inhibit or stimulate technological change. The relationship depends on the technology of regulation- the design and instrument choice of regulatory policy. Technology symbolizes markets, enterprise, and growth, while regulation represents government, and limits to growth. I suggest that developing countries should establish some sort of regulation or law that every research organization should have a contact office for technology transfer. Likewise every public organization should have a research unit for technology transfer. They should also go further to advocate inquisitive culture in implementing solutions. In this way they will be able to understand best ways available for them to solve their developmental challenges.

References

http://www.buzzle.com/articles/importance-of-science-and-technology.htm http://www.nature.com/ncb/journal/v2/n3/full/ncb0300_E37.html http://www.infodev.org/en/Blogpost.11.html

References: http://www.buzzle.com/articles/importance-of-science-and-technology.htm http://www.nature.com/ncb/journal/v2/n3/full/ncb0300_E37.html http://www.infodev.org/en/Blogpost.11.html