The Philippines intends to take the journey to achieve that when President Bongbong Marcos finally approved last Friday the National Innovation Agenda. MBOpinions READ:
Small steps have been taken, but most were done in siloes with initiatives undertaken by both the public and private sectors. We finally are realizing that building a robust national innovation ecosystem requires a whole-of-country coordinated effort from the government, private sector organizations, academia, and civil society.
The roadmap, officially known as the National Innovation Agenda and Strategy Document , is aligned with Ambisyon Natin 2040 Philippine Development Plan and will make use of the country’s ranking in the annual Global Innovation Index as its yardstick for measuring progress. It acknowledges that innovation is vital to national development and sustainable economic growth.
Leveraging on these opportunities and addressing the challenges can best be done by strategies that focus on the development of four important elements of a dynamic innovation ecosystem: creating a pervasive culture of innovation, capacitating the innovation actors, building platforms for cooperation, and connecting all the necessary innovation actors such as startups, funders, and market builders.
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