The paper focuses on a key uniqueness of the simultaneous generation of social and business value -across science, technology and society -involving academics, businesses, policy makers, innovation intermediaries, NGOs and citizens that share and integrate assets in developing solutions to address economic and societal challenges.By contrasting with a broad literature using the term 'co-creation' to denote close working relationship between actors, the paper outlines a conceptual framework explaining how the diversity of agents involved, their motivations and goals, and incentive structures in which they operate impact on science-based co-creation. This multidimensional perspective is discussed with regard to the scope of innovation, reach and types of values that are generated, and the distinctive features to be considered when both social and business value are at the core of collaboration.Policy implications to support science-based co-creation are discussed with regard to the rationale for public interventions and the critical dimensions of policy implementation and assessment. It highlights that policy design aiming at supporting societal challenges through cocreation should address mechanisms to integrate tangible and intangible inputs, define suitable operational models and enhance specific capabilities and practices.
Purpose
The purpose of this paper is to present the results of the recent Russian Science and Technology Foresight – a full-fledged study targeted at the identification of the most promising areas of science and technology (S&T) development in Russia towards 2030 to ensure the realisation of the nation’s competitive advantages. It was organised as a complex project involving dozens of organizations performing particular tasks under the overall coordination by the National Research University Higher School of Economics (HSE) and more than 2,000 experts in various S&T fields.
Design/methodology/approach
Its methodology embraced a set of qualitative and quantitative methods and combined technology push and market pool approaches. For seven S&T areas (information and communication technologies, biotechnologies, medicine and health, new materials and nanotechnologies, rational use of nature, transportation and space systems, energy efficiency and energy saving), the following types of results have been obtained: global trends, national challenges and windows of opportunities; new markets and niches; innovation products and services; prospective technologies and R&D fields (50 thematic groups, over 1,000 items for all areas); assessment of the country’s positions vis-à-vis global leaders; recommendations for S&T and innovation policies.
Findings
The paper covers prospective drivers of economic growth and relevant implications for anticipatory evidence-based policy; discussions of national challenges and building a common vision of the future among key stakeholders; the role of Foresight in particular as a communication platform that helps integrating stakeholder interests; strengthening existing and developing new capacities to increase national competitiveness; and to move up along existing and emerging global value chains.
Originality/value
The Russian S&T Foresight, being deeply integrated in the national policy, can be considered as an exemplar tool for “wiring up” the national innovation system (NIS) of an emerging economy with its specific features and problems facing large-scale challenges.
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