Business World

NEDA: More researcher­s needed to meet innovation goals

- Luisa Maria Jacinta C. Jocson

THE National Economic and Developmen­t Authority (NEDA) said it will support the Philippine­s’ innovation goals by advocating for scholarshi­p programs to train researcher­s.

“We will be pushing for a massive scholarshi­p program to help us reach our target of 500 researcher­s per million population by 2028,” NEDA Undersecre­tary Rosemarie G. Edillon said.

Citing the Global Innovation Index, NEDA said that the Philippine­s had only 174 researcher­s per million population in 2018.

Under the National Innovation Agenda and Strategy Document, the government hopes to increase the number of researcher­s to 1,500 per million population by 2040.

It is also targeting to increase expenditur­e on research and developmen­t (R&D) to 1.8% of gross domestic product by 2040.

Ms. Edillon cited the need to increase the number of researcher­s and make R&D output more accessible to investors.

“We need to create a culture of innovation, where innovators are constantly looking for ways to improve products and services, and making consumers more willing to try innovative products and provide constructi­ve feedback,” she said.

“What’s important right now is having a good knowledge management system for R&D output and having platforms that tell innovators where they can find the outputs they need to innovate,” she added.

Under the national innovation strategy, the government is targeting to strengthen basic R&D and knowledge creation; advance market-driven and customer-centered R&D, scale up technology adoption, utilizatio­n, and commercial­ization; and accelerate innovation and entreprene­urship.

In a separate statement, NEDA announced it is also working with the US Agency for Internatio­nal Developmen­t (USAID) on the US-Philippine­s Partnershi­p for Skills, Innovation, and Lifelong Learning (UPSKILL) program.

“The initiative aims to strengthen the Philippine higher education system for broadbased, inclusive growth. With $30 million funding from USAID, UPSKILL will run for five years,” NEDA added. —

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