Philippines needs to reverse science and technology slump

Manila: The Philippines needs to address a shortfall in innovation as well as produce more science and technology workers if it ever hopes to catch up with the rest of the world in this field, a senior lawmaker said.

Reacting to the results of the recent 2012 Global Innovation Index that placed the Philippines near the bottom of the list of 141 countries in the field of innovation, Senator Edgardo Angara said the government of President Benigno Aquino - needs to work on enhancing the country’s capabilities in science and technology (S&T).

The 2012 Global Innovation Index--prepared by the World Intellectual Property Organisation (WIPO) and the INSEAD Business School--noted the Philippines as 95th among the 141 economies surveyed. “This represents a four-step slump for the country compared to its 2011 rankings,” said Angara

Angara, chair of the Senate Committee on Science and Technology (ComSTE), said the current economic growth the country is perceived to be experiencing stands to lose its momentum because it loses steam on innovation and adjusting to the rapidly developing changes in technology, according to a report in gulfnews.com.  >>More here

SOURCE:  gulfnews.com

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