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Science, Technology, and Innovation - Overview

There can be neither inclusive globalization nor sustainable solutions to any of the critical development challenges -- food security, clean energy, health care, disaster response, competitiveness, job creation, etc. -- if developing countries do not build capacity to find and invent appropriate technologies, adapt them to local circumstances, and deploy them to solve local problems. Building appropriate science and engineering capacity tailored to achieving each country’s priority social and economic development objectives is the best and surest way to generate sustainable progress. STI capacity building is an indispensable tool for achieving these other priority objectives. Hence the need for STI capacity building and for bringing STI capacity building to the top of the development agenda.

The World Bank, working in collaboration with Science, Technology and Innovation (STI) capacity building partners, can help developing countries build STI capacity through:

  1. fostering inclusive innovation,
  2. transforming scientific capacity into business opportunities, and
  3. training the next generation of knowledge workers.

Achieving STI capacity building success in a country or region requires a holistic and strong partnership approach of supporting an entire innovation ecosystem. These partnerships must be systemic, sustainable, and synergistic at their foundation.

The 2009 Global Forum Action Plan: Provides a suite of specific partnership initiatives which are being implemented across the regions. However, there is considerable opportunity for the World Bank and its development partners to do much more. This website is designed to support a community of STI for Development stakeholders to share, discuss and partner to achieve the greatest STI capacity building impact.


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