Topic > Case Study on Biotechnology in Bangladesh - 1116

Knowledge is a critical component that leads to innovation in science and technology. As stated previously, the knowledge gathered through the effective absorption method has been made complex by the TRIPS Agreement. One possible solution consistent in both Reid's and Ramani and Mallick's articles was that India should build a network made up of academic institutions, government, and private technology companies. Mallick states that “a network, as a place of innovation, provides timely access to knowledge and resources that would otherwise be unavailable and adds to existing internal expertise and learning capabilities” (Mallick). It is implied that India should collaborate with other countries that have strong biotechnology knowledge for the purpose of sharing information. One of the liberal economic concepts that include the use of a network for economic growth is called catch-up theory. A product of this theory is the National System of Innovation (NSI), a practical framework that developing countries can implement in their government policy regarding emerging fields such as biotechnology. The NSI is quite new as more empirical data is needed to evaluate its effectiveness in producing knowledge. It is also implicit in Reid's article that knowledge that can help a developing country, such as India, grow economically must be freely available. Some