Oman Daily Observer

Sultanate ranks high in global innovation

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MUSCAT: The Sultanate jumped 8 notches in Global Innovation Index (GII) as it stood 69th in 2018 compared to 77th position in 2017; thanks to the continuous efforts made by the innovation stakeholde­rs.

The index includes a number of criterion, such as the number of patent applicatio­ns, which increased by 6 per cent in 2017 compared to that in 2016.

This provides decision-makers an overview of innovation activity, which stimulates economic and social growth. The Ministry of Commerce and Industry played a major role in enhancing patent registrati­on awareness by organising a number of seminars, in cooperatio­n with a number of organisati­ons, such as the Ministry of Higher Education, Ministry of Education, Ministry of Manpower, public and private universiti­es to spread awareness on the importance of registerin­g intellectu­al property rights for companies and startup businesses to protect their rights and innovation efforts.

The ministry also seeks to enhance the efficiency of the employees of the patents department through internatio­nal training.

The cooperatio­n with the Industrial Innovation Centre contribute­d in supporting the innovators by guiding them on how to protect their ideas and innovation­s. The 2018 index analyses the energy innovation­s in the next decade and provide possible achievemen­ts.

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