PH aims to improve its ranking in the global innovation report to 28
President Ferdinand R.Marcos Jr.
aims to improve the country’s ranking in the World Intellectual Property Organization’s (WIPO) Global Innovation Index (GII) report by the end of his term in 2028.
“We believe that by addressing the gaps and challenges in innovation input and output indicators and continuously investing in our educational and research institutions, we will achieve this dream immediately.
” Pascual, during the Asia Regional Conference to Support Accelerating Innovation in Life Sciences in Mandaluyong City on Monday.
The Philippines ranked 59th in GII 2022, down from 51st the previous year.
The highest GII ranking in the country was 50th in 2020.
Marcos, who is also the chairman of the National Innovation Council (NIC), said the launch of the National Innovation Agenda and Strategy Document 2023-2032 will guide the country in improving its performance in GII.
INNOVATION.
Department of Trade and Industry (DTI) Secretary Fred Pascual on behalf of President Ferdinand R.
Marcos Jr.
spoke during the opening ceremony of the World Intellectual Property Organization (WIPO) Asia Regional Conference at Edsa Shangri-la Hotel in Mandaluyong City on Monday (September 11, 2023).
He emphasized the administration’s priorities to promote and develop the Philippines’ innovation movement.
He said the Department of Science and Technology’s Balik Science Program, which encourages overseas Filipino scientists to return to the Philippines and share their knowledge, will also enhance the country’s preparedness.
in the use and commercialization of domestically invented technologies.
The Director General added: “We intend to usher in an innovation renaissance or “Philippine Innovation” that seeks to find modern solutions to our contemporary problems and utilize utilize science and technology, especially research and development, in our nation-building mission.
”Separately, Intellectual Property Office of the Philippines (IPOPHL) Director General Rowel Barba told the Philippine News Agency that agency officials “hope there will be a significant improvement” in the country’s GII rankings.
in this year.
He said recently passed innovation laws, such as the Philippine Innovation Act, the Innovative Startups Act and the Philippine Creative Industries Development Act, will help empower the land.
This country is on the global rankings.
He said Knowledge, Innovation, Science and Technology (KIST) parks at various higher education institutions across the country will also boost the country’s innovation ecosystem.
“With these laws, I believe they will help improve the legal system and ecosystem for innovation and creativity, focusing on our creative sector.
And I think it’s a big improvement over the previous GII,” he added.
