The document discusses the importance of allocating research resources for development. It begins by outlining the fundamental role of science and technology in international development, noting how it stimulates innovation, transfers technology, and attracts financing. It then covers trends in global research and development, finding that the US and China lead globally in R&D expenditures. The document also examines the Philippines' R&D trends, finding that private industry has taken the lead in increasing R&D investment in recent years, though the country's R&D intensity remains among the lowest in ASEAN. In closing, it emphasizes that effectively integrating science and technology into development strategies can significantly contribute to economic and social progress.