New Delhi, Oct. 2 -- We live in an age defined by knowledge. We are acutely aware of its value and importance to humanity. The institutions that produce knowledge-our universities, research institutions and think-tanks-are rightfully held in high esteem. Their contributions to human well-being over centuries have earned them this credibility.

Yet, their stature also shields them from the necessary scrutiny that we readily apply in other domains like politics and business. The failures of a government or corporation are dissected and debated. The failures of our knowledge production ecosystem, however, often get a free pass.

This is a dangerous oversight.

Before we explore why, let's be clear about our subject. I am speaking here of the...