Technology policy approaches science as the pursuit of verifiable or falsifiable hypotheses, while science studies has a post-modern view whereby science is not thought to get at an objective reality. Technology policy is rarely post-modern. Its goal is the improvement of policy and organizations based on an understanding of the underlying scientific and technological constraints and potential. The policy aims to lead interagency efforts to develop and implement sound science and technology policies and budgets, and to work with the private sector, state and local governments, the science and higher education communities, and other nations toward this end.
The science, technology and innovation policy (STIP) 2013 was announced by the government at the Indian Science Congress Centenary sessions held at Kolkata during 3 – 9 January 2013. Compared to Science and Technology Policy of 2003, STIP 2013 is a step forward in attempting to forge the links between science, technology and innovation policy framework. ‘The guiding vision of aspiring Indian STI enterprise is to accelerate the pace of discovery and delivery of science-led solutions for faster, sustainable and inclusive growth. A Stronge and Viable Science Research and Innovation System for High Technology-led path for India (SRISHTI) is the goal of the new STI policy’.
Each and every country should have a technology policy so that it can become self-reliant in certain important areas, such that each country constantly strives to achieve self-reliance, encourage innovations and nurture technology flow to industry for product excellence so that the nation gains a competitive advantage.
Since technology directly influences success and growth of business enterprises, and economic growth and wealth of nations; technological advancement is regarded as a key factor making a contribution in continuous high economic development.
Technological advancement/ progress in domestic as well as external markets leads to growth of national wealth. Technological advancement and superiority leads to:
Thus, not only developed but even developing countries seek for sustainable technological development.