Science and technology policy

Science and technology policy refers to the set of decisions and strategies that governments create to guide research, innovation, and the development of new technologies. Its goal is to promote scientific progress, address societal challenges, and ensure that advancements benefit the economy and public well-being. This policy involves funding research, setting standards, and fostering collaboration between universities, industry, and government. Well-crafted science and technology policies help nations stay competitive globally, improve quality of life, and prepare for future opportunities and risks.