Relying on foreign direct investment, imports, donor assistance not enough. Weak S&T capacity limits ability to absorb, adapt, apply knowledge, leap ahead. It is critical to make S&T part of public and policy dialogue of the countries and p romote awareness of S&T as an economic development issue. The current capacity in S&Tis not sufficient, and Significantly increase R&D investments. As a point of comparison, worth noting that Korea held general budget to 5% while increasing R&D support by 13%. Many things must be done in parallel to create innovation systems, but people are the foundation. Ensure quality education at all levels – build talent pool of scientists and engineers; Develop information infrastructure (note importance of CLARA) Linkages: among sectors and to important economic areas Strong private sector role – challenge is not so much to reduce current investments in university research, as it is to increase the private sector role and to increase investments in applied research and development Regional approaches are important for all the countries, but particularly for the small and the poor, and an important way of leveraging resources to meet diverse needs.
Existe acuerdo en que la innovación es el elemento clave que explica la competitividad. De a cuerdo con Porter “la competitividad de una nación depende de la capacidad de su industria para innovar y mejorar. Las empresas consiguen ventajas competitivas mediante innovaciones”.