UNIDO harps on in­no­va­tion pol­icy to drive in­dus­tri­al­i­sa­tion

The Guardian (Nigeria) - - INDUSTRY -

THE United Na­tions In­dus­trial De­vel­op­ment Or­ga­ni­za­tion (UNIDO) has said that Nige­ria needs to set up a clear pol­icy on in­no­va­tion and de­velop a na­tional sys­tem for it in or­der to achieve in­clu­sive and sus­tain­able in­dus­trial de­vel­op­ment.

UNIDO Rep­re­sen­ta­tive to ECOWAS and Re­gional Di­rec­tor, Nige­ria Re­gional Of­fice Hub, Jean Bakole, dur­ing his pre­sen­ta­tion on “Nige­ria In­dus­trial Rev­o­lu­tion Plan : The Role of In­no­va­tion”, at the 2017 La­gos Cham­ber of Com­merce and In­dus­try (LCCI) In­vest­ment Con­fer­ence, in La­gos, harped on the need to bring in­no­va­tion and cre­ativ­ity into each of the en­ablers.

Ac­cord­ing to Bakole, “The in­no­va­tion pol­icy will help to re­move all forms of bar­ri­ers and bot­tle­necks hin­der­ing in­no­va­tion and cre­ativ­ity in the coun­try. In view of the link be­tween the mar­ket and in­no­va­tion, the pol­icy will also free the mar­ket and pro­mote its de­vel­op­ment through cre­ation of at­trac­tive in­cen­tives for en­trepreneurs to in­no­vate.

He added that the na­tional sys­tems of in­no­va­tion ha ve to be in­sti­tuted and ap­pro­pri­ately funded.

“In­no­va­tion sys­tems stress that it is not only in­puts such as patents that are im­por­tant. Equally cru­cial is the in­ter­ac­tion be­tween the ac­tors that are needed in or­der to turn an idea into a process, prod­uct or ser­vice for the mar­ket.

“In other words, the flow of tech­nol­ogy and in­for­ma­tion among peo­ple, en­ter­prises and in­sti­tu­tions is the key to an in­no­va­tive process when their in­ter­ac­tion are cap­i­talised by the pol­icy de­ci­sion mak­ers at lo­cal and countr y lev­els”, he added.

While com­mend­ing the gov­ern­ment for its on-go­ing re­forms aimed at im­prov­ing the coun­try’s busi­ness climate, the UNIDO rep­re­sen­ta­tive reaf­firmed the Or­ga­ni­za­tion’s com­mit­ment to­wards sup­port­ing Nige­ria’s in­dus­tri­al­iza­tion drive.

He said, “The Pres­i­den­tial En­abling Busi­ness En­vi­ron­ment Coun­cil (PEBEC) is mak­ing a lot of progress by in­tro­duc­ing and im­ple­ment­ing some re­sul­to­ri­ented re­forms aimed at fur­ther im­prov­ing the busi­ness climate in Nige­ria.

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