Synopsis Science and Technology is an essential element of socioeconomic development of nations. In recent times, emergence of new technologies, knowledge-based economies and globalization have made unprecedented impact on the human civilization. The developing societies would need to adjust to the pace of change of these developments and respond by evolving and implementing appropriate national S&T policies. There is a need to enhance their capabilities for establishing meaningful S&T policy and indicators for effective decision making. This publication reflects the views and experience of scholars and policy makers resulting from the deliberations during the international conference on S&T Policy research and statistical indicators held in Colombo, Sri Lanka on 8-10 November 2006. It includes contributions on perspectives on S&T policy and indicators from several developing countries, leveraging S&T Policy for innovation and S&T Policy implications in socio-economic sectors. The book presents significant insights on issues and concerns on S&T Policy research and statistical indicators in developing countries and is likely to be of immense value for various stakeholders.