Biotechnology through a Samaj-Sarkaar-Bazaar lens
Executive Summary
The Samaj (Society), Sarkaar (Government), and Bazaar (Market) framework offers a way to understand how interactions between society, government, and markets influence societal progress. This paper applies the framework to examine developments in biotechnology, assigning distinct roles to each actor and illustrating their real-world dynamics through case studies. It argues that in emerging technologies like biotechnology, evidence- based reasoning should serve as the primary guiding force, while the roles of the other actors should adapt based on the specific context to steer growth effectively.