Abstract:
Conventional wisdom has placed a more faith on; out of three social systems exists (‘Market’, ‘Government’, and ‘Judiciary’), one system, i.e. the Government, in addressing the needs and wants of the society. In this process, the principle “justification” for public policy intervention lies by overly enlarging the “seemingly visible shortcomings” of the private markets and publicly-operating legal systems. Yet, in the arena of research and development, and more specifically on dissemination of the outputs/outcomes generated from which, it is our responsibility, as academics/administrators/professionals attach to various institutions/professional bodies, to bring the right thing and things right to address the problems in the society.
