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Mapping Wild Cards

Inspired by: interviews » Significant’ financial events cause ‘significant’ changes in science and innovation funding

version: 4 / updated: 2011-11-18
id: #1895 / version id: #1895
mode: VIEW

Originally submitted by: Ivan Montenegro Perini
List of all contributors by versions (mouse over)
Last changed by: Ivan Montenegro Perini
WI-WE status:
submitted unpublished

Source of inspiration

Interviews

The source of the Wild Card is

Martin Sharp, Liverpool John Moores University, RTC North

Headline

(max. 9 words)

Significant’ financial events cause ‘significant’ changes in science and innovation funding

Description

(approx. 150 words)
Please describe the Wild Card (approx. 150 words)
For instance China calling in debts to undermine a G20 economy leading to significant financial difficulties in Europe and social unrest. There will be an initial significant decrease in science activity, coupled with societal breakdown caused by large scale unemployment and large reduction in personal wealth. In the longer term a self reliance policy will encourage local manufacturing and innovation.

Keywords

Finance and sicence, economy, research, innovation system, innovation

Likelihood

Closest timeframe for at least 50% likelihood
Please use one of the following options:
now-2025

Type of event

Unplanned consequence of events/trends/situations (e.g. financial crisis, accidental breakthrough)

Type of emergence

please select (if any) describe related trend or situation
A counter trend/development/situation
(e.g. There is a massive decline in mobile phone usage due to fears of health hazards; Considerations of privacy lead to the banning of video surveillance in public spaces

Type of systems affected

Human-built Systems - E.g. organisations, processes, technologies, etc.

Classification

Mixed

Importance

please specify:
please select
Level 4: important for the whole world

Latent phase

Obstacles for early indentification

information/communicational filters (media/editorial interests, language, reasoning)
institutional filters (rules, laws, regulations)
economic filters (business/market interests)
scientific filters (knowledge/technology access)
political filters (party or ideological interests)

Manifestation phase

Type of manifestation

Very uncertain

Aftermath phase

Important implications
Collapse of a system

Relevance for Grand Challenges

where? please justify:
particularly relevant Europe world
Coexistence and conflicts
Governance and trust in democracy
Economic prosperity/dynamics
Globalization vs. localization
Innovation dynamics

Relevance for thematic research areas

please justify:
particularly relevant
ICT - Information & communication technologies
Social Sciences and Humanities
International S&T Cooperation

Pan-European strategies potentially helping to deal with the wild card

please justify:
particularly relevant
Strengthening research institutions and universities
Facilitating and promoting knowledge sharing and transfer

 Features of a research-friendly ecology contributing to deal with the wild card

For further information about 'research-friendly strategies' click here

please justify:
particularly relevant
Addressing cohesion through a localised articulation between supply and demand
(e.g. making research institutions more engaged with their own context and local users; reinforcing knowledge flows into and out of regions; etc.
Creating a closer link between researchers & policy-makers
(e.g. supporting both thematic and cross-cutting policies, highlighting the strategic purpose of the European Research Area, etc.