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Developmental organizations and their role in the development of science and technology | Abstract
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European Journal of Applied Engineering and Scientific Research

Abstract

Developmental organizations and their role in the development of science and technology

Author(s): Mohsen Masoumzadeh, Kamal Eisapour, Mehrdad Mozafari, Mohsen Solaimani

The experience of industrialization in developed countries shows that the governments have had mach more effective role in economical developments of countries. However, these eases also determine the restriction, type, approach and instruments for the interference of governments in the economics and industries of the countries. If we consider the basic role of the governments to prepare the economical centers and equip them and make them able to increase their abilities, then their crucial role will be to generate, train and create new activities which are necessary for the countries. In such cases, the private section for various reasons is not able to participate in these activities. Some of the reasons are: less monitory sources, high risk, late outcomes, and this process is to establish public developmental organizations or public – private organizations and to make policies in accordance with science and technology to save market failure.