Advancements in quantitative methods now make it easier to pinpoint the key areas of research and development capabilities. Comprehensive foresight is crucial for effectively managing and directing research and development operations of the science integrator. In today's era, R&D necessitates significant expenditure to foster innovation. Consequently, the importance of strong quantitative indicators to evaluate R&D effectiveness is becoming increasingly crucial. In the future, various changes and advancements are influencing the development of quantitative indicators for R&D performance. This session shall explore foresight in R&D Governance based on the following parameters:
The rapid pace of technological advancements and the rise of complex global challenges necessitate a forward-looking approach to Research and Development (R&D) governance. Foresight is an essential tool for shaping the future of research and development (R&D) governance by providing a medium- to long-term vision. It allows decision-makers to strategically plan, coordinate, and innovate based on anticipated future trends and challenges. Foresight is critical for strategic planning, policy formulation, and solution design, particularly in R&D governance, where it helps governments and organizations anticipate emerging trends and their implications.
Foresight introduces innovative ways of thinking, experimenting, and implementing strategies that align with future possibilities. It enables better governance of R&D by leveraging existing public service structures, resources, and processes, especially in developing countries. By employing foresight, governments can identify the key drivers of innovation, foresee the impact of policies under different scenarios, and gain insights into potential opportunities and challenges.
This theme seeks to examine the incorporation of foresight methodologies into R&D governance, with the goal of strengthening strategic planning, fostering innovation, and promoting sustainable development.
The theme is tailored for governing bodies of the STI ecosystems, researchers, and policymakers engaged in performance evaluation, providing a platform for interdisciplinary knowledge exchange, collaboration, and networking.