Over the last century or so, the industrialized nations created a number of institutional mechanisms that together have evolved into a complex of mutual support for science and technology. Though their features may vary from country to country, they are generally of the following types:
While industrialized nations usually possess each of these institution types, many developing nations lack one or more of them - deficiencies that need to be corrected. Unless developing nations, particularly the more S&T-lagging among them, acquire such institutions along with suitable mechanisms for their effective interaction, it will be very difficult to promote S&T capacity, and to achieve sustainable form of economic development.
Specifically, the Study Panel members are convinced that each country should have, at a minimum, the following key institutions to successfully promote science and technology:
Creation of each of these four types of institutions is discussed in the following subsections.