"The need for a systemic approach to understanding the relationships between science, technology and innovation (STI) and socio-economic development: There is not a simple one-way relationship between the 'knowledge-production' and 'knowledge-absorption' aspects of an innovation system.
There is no simple one-way relationship between the 'knowledge-production' and 'knowledge-absorption' aspects of an innovation system, hence a systemic approach is needed to understanding the relationships between science, technology and innovation"
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