Impact of Science Technology and Innovation (STI) on Economic Growth and Development: A Case Study of Pakistan
The study reports the case study research about the impact of STI on economic growth and development. 305 scientists responded the questionnaire. Out of 305, 94% (288) confirmed that STI has the impact on economic growth and economic development. In response to the 2nd question, about the impact of their research on economic growth and development, 85 %(260) scientists supported that STI has the positive impact on economic growth. The STI system of Pakistan is also discussed and found that STI system in Pakistan is very weak. To improve STI system of Pakistan, there is dire need of long-term STI policy. Therefore, at the end of the study on the basis of survey results and STI capacity indicator, the policy recommendations and implications of the study are presented. These recommendations are very useful for STI policy makers and planners for Pakistan as well as developing countries, to improve STI situation.
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