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Innovation strategy ready

Muscat

The Research Council unveiled its National Innovation Strategy that aims at taking the Sultanate to the 20th rank in the field globally by 2040.

The announcement follows approval of the strategy by the Council of Ministers.

Director of the National Innovation Strategy Sharifa Al Harthiya told mediapersons on Wednesday that more than 70 experts from the government, academia and private sectors were involved in readying the strategy. It took the experts 12 months of deliberations to give shape to the strategy. Besides these experts, officials from Unctad science, technology and innovation policy and 13 TRC specialists were also involved in preparing the strategy.

It seeks to create an innovation-based plan, so that Sultanate can be among the top 20 leaders in the field by 2040 and shift from a revenue-dependent economy to an innovation-based one.

Al Harthiya said that as many as 80 indicators had been identified to measure innovation.

The strategy aims at creating a national system for innovation that has clear-cut vision and policy to achieve aims and priorities. It will be implemented through a carefully studied plan that ensures activating all links and relationships among components of the system.

As part of the strategy development project, human capital, economic diversification, intellectual property and knowledge transfer and institutional and social integration are expected to be focus area that will lead the nation in this.

Regarding the organisational structure, she said it would have a grand committee, a supervisory panel, a quality assurance team and four technical teams.

Al Harthiya said the innovation system would be implemented in three stages that would take into account short-term gains, focusing on initiatives that would bring immediate and high impact to national sustainability, including development of digital and internet services, removal of regulatory obstacles and promoting development of policies for small and medium size enterprises.

Staff Reporter