Research - Innovation & Development
Driving Innovation for Competitive Advantage
Overview
Invest in R&D to increase value-added per worker, create higher-paying jobs, enable import substitution, and raise resilience through climate-resilient crops and energy efficiency technologies.
Value Proposition
Increased value-added per worker
Higher-paying job creation
Import substitution and exportable technologies
Enhanced resilience through innovation
Typical Interventions
Grants for applied research with matching private sector funds
Public-private technology parks and incubators
University-industry liaison offices
IP policy reforms and innovation vouchers for SMEs
Demonstration projects and proof-of-concept grants
Impact Metrics
R&D intensity as percentage of GDP
Patents filed and commercialized
Number of spin-outs and startups
Private R&D co-investment ratio
Productivity gains attributable to innovation
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