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investing in innovation,
study says
THINK TANK CITES NEED TO PURSUE GROWTH
STRATEGY
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By: Riza T. Olchondra
@inquirerdotnet
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is not just confined to inventions and R&D, the PIDS policy note
stated.
The PIDS fellows said, From an economics standpoint, an innovation
must increase value, whether customer value or producer value. They
said innovation activities in a firm involve the implementation of new
or significantly improved products or processes via technological
innovation, or new marketing or organizational methods.
To provide indicators for benchmarking national performance, PIDS
said, the Department of Science and Technology (DOST) planned for
the conduct of the 2009 SIA.
The PIDS, NSO and DoST conducted the survey with funding support
from the International Development Research Centre.
The SIA was self-administered, PIDS said.
The questionnaire was adapted from the European Unions Community
Innovation Survey Version 4, with some refinements to consider the
Philippine setting.