President Ferdinand “Bongbong” Marcos Jr. at the 5th National Innovation Council meeting held Friday, June 30. (Screengrab / RTVM)
MANILA, Philippines — President Ferdinand “Bongbong” Marcos, who also sits as the chairman of the National Innovation Council, has approved the National Innovation Agenda and Strategy (NIASD) 2023-2032.
The Presidential Communications Office (PCO) confirmed this in a statement issued Friday, saying that NIASD outlines the country’s plan to improve the “innovation governance” and establish a “dynamic innovation ecosystem.”
“The NIASD characterizes a dynamic innovation ecosystem as one that fosters a pervasive culture of innovation driven by market demands,” said PCO.
“It facilitates collaboration through active, reliable, and useful platforms, and provides innovation actors with the necessary facilities and resources to transform their ideas into innovative products and services. Further, it connects the innovator-entrepreneur to potential investors and funders,” it furthered.
The approval of NIASD took place during the fifth National Innovation Council meeting held Friday. Apart from the approval of the document, also discussed during the meeting were the selection of the seventh National Innovation Council executive member and National Innovation Council official logo among others.