The National Innovation Council (NIC) chaired by President Ferdinand R. Marcos Jr. approved on Friday the National Innovation Agenda and Strategy Document (NIASD) 2023-2032 which outlines the country’s plan to improve innovation governance and establish a dynamic innovation ecosystem, according to the National Economic and Development Authority (NEDA).
“The future, even the near future, is expected to be volatile, uncertain, complex, and ambiguous. Developing a dynamic innovation ecosystem is critical to achieving our AmBisyon Natin 2040 of a prosperous, inclusive, and resilient life for all Filipinos,” said NEDA Undersecretary Rosemarie Edillon in a statement.
Edillon said a dynamic innovation ecosystem will facilitate the creation and translation of knowledge and ideas into high-quality and competitive products and services to promote economic growth, wellbeing, social inclusion and environmental sustainability.
She noted however that the government needs to steer the process to avoid the undesirable outcomes — or the “unwanted futures” — of constant distress and disasters, greater inequalities and sluggish progress.
The NIASD characterizes a dynamic innovation ecosystem that aims to foster a pervasive culture of innovation driven by market demands.
It facilitates collaboration through active, reliable and useful platforms, and provides innovation actors with the necessary facilities and resources to transform their ideas into innovative products and services.
NIASD also aims to connect the innovator-entrepreneur to potential investors and funders.
NEDA Secretary Arsenio M. Balisacan, the vice-chair of the NIC, said establishing a dynamic innovation ecosystem is one of the six cross-cutting strategies in the transformation agenda identified in the Philippine Development Plan (PDP) 2023-2028 to achieve a prosperous, inclusive and resilient society.
“Chapter 8 of the PDP elaborates on this strategy by situating it within the continuum of research and development, innovation, technology adoption, then commercialization,” Balisacan said.
The NIC is a 25-member policy advisory body that comprises 16 department secretaries and seven executive members from the private sector. (PNA)
