From 100th place in 2014, the Philippines now ranks 50th in the Global Innovation Index (GII) which ranks 131 world economies based on their innovative capabilities, considering their respective innovation inputs and outputs.
Department of Science and Technology (DOST) Secretary Fortunato de la Peña he foresees the Philippines to rank 43rd in the DII next year.
The Philippines’ climb in the GII has been phenominal. From 100th spot in 2014, it rose to 73rd in 2017 and 2018, to 54th in 2018, then to 50th this year
“I am happy we inched four steps higher than last year in the GII rankings. If we just continue with the upward movement, we will be able to achieve what we have in mind as a medium-term goal — to be in the top one-third by 2022,” he said.
To achieve this target, De la Peña said, DOST would focus on its Science for Change Program (S4CP), which identifies areas that need enhanced research, development investments and innovations. The S4CP also involves collaboration with higher educational institutions.
The DOST said they will also focus on startup programs, strengthening research and development (R&D) in university research centers, and deploying R&D leaders to the regions or provinces.
He said he also eyes having more industry-academe-government R&D institute collaborations to leverage the Philippine economy and enable the small and medium enterprises to do their in-house R&D. “We will spend more time and resources for tech-based startups,” he added.
Trade and Industry Secretary Ramon Lopez said on a webinar, he thinks the target is achievable, considering that the Philippines’ ranking in the GII was 100th in 2014.
In the same webinar, World Intellectual Property Organization director-general Francis Gurry noted that the Philippines continues to lead by example, and cited the Philippine Innovation Act (RA 11293) as among the country’s noticeable initiatives.
RA 11293, signed into law in July 2019, would harness innovation efforts to help the poor and the marginalized, and enable micro, small and medium enterprises (MSMEs) to be part of the domestic and global supply chain.
The Philippines’ Innovation Input ranking reached 70 in 2020, from its previous ranking of 76 in 2019 and 86 in 2018. Its Innovation Output ranking, on the other hand, is 41 in 2020, from 42 in 2019 and 68 in 2018.