The document discusses the contribution of innovation to socio-economic development and the importance of innovation policy. It outlines how innovation helps drive economic growth, addresses development challenges, and impacts poverty reduction. The document also emphasizes that innovation policy aims to create a framework to bring ideas to market and that such policy is important for developing countries to disseminate innovations that can significantly impact economic and social change. Further, it provides details on innovation policies and programs established in the Philippines through various administrations to promote science, technology and innovation.

1. Innovation: Its
Contribution to
Socio-Economic
Development
MA. ODESSA M. PACAUL
Student
Doctor of Philosophy
Major in Development Studies
DR. ROSANNA M. GONZALES
Professor
PhDDS 317 – Development &
Management of Innovative Programs
https://www.grupbox.com/international-scale-up/

2. Topic Outline:
I. Objectives
II. Contribution of Innovation to Socio-Economic
Development
III. Importance of Innovation Policy
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3. OBJECTIVES:
1. Highlight the contribution of Innovation to Socio-Economic
Development
2. Emphasize the importance of Innovation Policy
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4. Innovation
can make a
difference in
addressing
urgent
development
challenges
www.rand.org

5. Innovation
can make a
difference in
addressing
urgent
development
challenges
https://giphy.com/explore/privacitat

6. The build-up of innovation capacities has
played a central role in the growth dynamics of
successful developing countries.
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7. Contribution of
INNOVATION to
economic growth
and well-being
• Helps drive economic
growth and address socio-
economic challenges
• meets the immediate
and long-term
developmental goals of
emerging and
developing countries
• impacts poverty
reduction
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Changing-The-Industry0.png

8. Contribution of
INNOVATION to economic
growth and well-being

9. Importance of innovation policy
Innovation policy is the interface between
research and technological development policy
and industrial policy and aims to create a
conducive framework for bringing ideas to
market. --- European Parliament
The role of innovation is to turn research
results into new and better services and
products in order to remain competitive in the
global marketplace and improve the quality of
life of people.
Image credit: Shutterstock

10. Importance of innovation policy In developing countries,
such as the Philippines,
innovation is often not
about something brand
new but something new
to society, which, if and
when broadly
disseminated, can bring
significant economic,
social, or environmental
change
https://www.dost.gov.ph

11. Innovation policies in the Philippines
Republic Act (RA) No. 11293 otherwise known as the
“Philippine Innovation Act” was signed by President
Rodrigo R. Duterte on April 17, 2019. The law
mandates the creation of the National Innovation
Council (NIC) that will steer the whole-of-government
coordination and collaboration and to remove the
fragmentation in the country’s innovation
governance.
The NIC is also tasked to set the direction of the
country’s innovation goals, priorities, and long-term
national strategies through the formulation of the
National Innovation Agenda and Strategy Document
(NIASD).
https://www.neda.gov.ph

13. Also during the Aquino
administration, the DOST released the
Harmonized National R&D Agenda
2013–2020, which aligned its R&D
policy with that of the Philippine
Development Plan 2011–2016.
Related to these strategies was the
establishment of government facilities to
support domestic industries. Examples
include:
• the Advanced Device and Materials
Testing Laboratory, catering to the needs
of the semiconductor and electronics
industry;
•the Die and Mold Solutions Center,
servicing the needs of the metals industry;
and
• the Electron Beam Irradiation Facility at
the Philippine Nuclear Research Institute,
which caters to the needs of industries in
the spices and dehydrated foods,
cosmetics, packaging, and medical devices
sectors.
www.iaea.org

14. The current Duterte administration (2016–2022) sees Science
Technology and Innovation as a means or strategic growth, a
high-trust and resilient society, and a globally competitive
knowledge economy.
The strategy is two-pronged:
1. to promote and accelerate the use of technology and
innovation in all production sectors, and
2. to increase innovation by enhancing the capacity to
generate knowledge and strengthen collaboration across the
STI ecosystem (NEDA, 2017).

15. • The R&D Leadership Program
(RDLead) attempts to engage experts to be in
charge of strengthening the research
capabilities of the HEIs or R&D institutions.
Together with the NICER Program, RDLead
aims to help HEIs improve and hasten the use
of research results that will contribute to the
development of the country.
• The Business Innovation through S&T
for Industry Program aims to facilitate Filipino
companies’ acquisition of strategic
technologies by providing financial assistance
that can be used for the acquisition of high-
tech equipment and machinery, technology
licences, and/or patent rights.
DOST four new programmes:
• The Collaborative Research
and Development to Leverage
Philippine Economy (CRADLE)
Program
• The Niche Centers in the
Regions For R&D (NICER)
Program intends to capacitate
HEIs in regions of the
Philippines to conduct quality
research by providing
institutional grants to
improve the HEIs’ S&T
infrastructure.

16. REFERENCES:
OECD (2012), “Innovation for development: The challenges ahead”, in OECD
Science, Technology and Industry Outlook 2012, OECD Publishing.
http://dx.doi.org/10.1787/sti_outlook-2012-7-en
OECD (2012) Innovation for Development: A DISCUSSION OF THE ISSUES AND AN
OVERVIEW OF WORK OF THE OECD DIRECTORATE FOR SCIENCE, TECHNOLOGY
AND INDUSTRY
https://www.europarl.europa.eu/factsheets/en/sheet/67/innovation-policy
https://academic.oup.com/oxrep/article-
abstract/33/1/2/2972712?redirectedFrom=fulltext
https://www.eria.org/uploads/media/7.ERIA_Innovation_Policy_ASEAN_Chapter
_6.pdf
https://www.neda.gov.ph/the-philippine-innovation-act/