In the past 50 years, Indian agriculture has undergone a major transformation, from dependence on food aid to becoming a consistent net food exporter. The gradual reforms in the agricultural sector (following the broader macro-reforms of the early 1990s) spurred some unprecedented innovations and changes in the food sector driven by private investment. These impressive achievements must now be viewed in light of the policy and investment imperatives that lie ahead.

Governments of low-income countries and international development donors are increasing their funding for research at least in part on the assumption that research has positive impacts on socioeconomic development. Four pathways are commonly cited to describe how research will contribute to development: 1. Investment in research will drive economic growth; 2. Investment in research will increase human capital; 3. Investment in research will lead to the development of pro-poor products and technologies; 4.

Innovation policies are considered the long-term strategy to overcome the present systemic crisis. But this crisis is questioning such policies, their presuppositions and institutional arrangements. This questioning includes the Triple Helix theory and its impact on research and innovation policies. The goal is to examine how this theory can respond to theoretical and practical challenges, how the theory needs to evolve in order to fit the present context.