, Volume 32, Issue 2, pp 243–251 | Cite as

Impact of science, technology and innovation on the economic and political power

Original Article


In my essay, I will give some of my perceptions on the way science, technology and innovation is going to determine the economic and political power of the nations. The rapid paradigm shifts that are taking place in the world as it moves from super power bipolarity to multipolarity, as industrial capitalism gives way to green capitalism and digital capitalism, as information technology creates netizens out of citizens, as aspirations of the poor get fueled by the increasingly easier access to information, as the nations move from ‘independence’ to ‘interdependence,’ as national boundaries become notional, and as the concept of global citizenship gets evolved, we will be full of new paradigms and new paradoxes, there is no doubt that the rapid advance of science and technology will directly fuel many of these.


Science Technology Innovation Culture Global economy 



This paper is an edited version of Bose–Einstein Lecture ‘Science, Technology, Innovation: Their Impact on Economic and Political Power’ which Professor Raghunath Mashelkar delivered at India International Centre, New Delhi, on December 13, 1999. The paper is of great significance to the special issue ‘Philosophy of Technological Culture’ in many ways. The interconnection of science, technology and innovation and its enforcement of paradigm seem to open a horizon for philosophy of technology and culture. The Bose–Einstein intellectual bond was both imminent and durable. It is only pertinent that the first ever English translation of Einstein’s papers on relativity originally published in German was made by Bose and his distinguished colleague Meghnad Saha and printed in Calcutta. The world ‘boson’ to describe elementary particles that obey the Bose–Einstein statistics is now a part of language and culture. The paper adds a cultural dimension to the development of science, technology and innovation.—Note from the Guest Editor.


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Copyright information

© Springer-Verlag London 2015

Authors and Affiliations

  1. 1. AcSIRNew DelhiIndia
  2. 2.Global Research AlliancePuneIndia
  3. 3.Polymer Science and Engineering BuildingCSIR-National Chemical LaboratoryPuneIndia

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