AS an effective way to deepen the dynamic docking and advantage integration between market-technological entity and socio-economic growth, the joint establishment of scientific research bases plays an important role in promoting the long-term and stable cooperation between industry, university and the government. It is proven through research studies that the joint establishment of scientific research bases is more conducive to promoting the enterprise innovation than joint research, commissioned research and technology transfer.

Pakistan’s industrial pundits, higher education, and government recognize the importance of tri-partite coordination for meeting challenges. However, linkages are frail due to protection, low innovation, rigid university structures, weak incentives, and fragmented bureaucracy. The NAB’s harassment of bureaucrats and industrialists, following misuse of authority, leads to insufficient efforts by government officials and industrialists.

The fourth industrial revolution emphasizes knowledge creation and innovation production as critical dimensions of development. The triple-helix theory, which connects universities, firms, and government policies, has been useful for over two decades. Institutional dimensions of a socio-economic system, including universities, industries, and government policies, follow complex and co-evolving development trajectories. During the recent crisis and globalization restructuring, socio-economic disciplines are shifting their focus from traditional economic geography and regional development to studying local dynamics, as this approach can synthesize individual spatial levels into a global perspective.........

© Pakistan Observer