PH climbs to 53rd in global innovation ranking

  • 14 hours ago
PH climbs to 53rd in global innovation ranking

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Transcript
00:00The Philippines has risen to 53rd place in the Global Innovation Index, or GII,
00:05up from 56th in 2023, surpassing its 2024 target of 54th. It ranks third among lower-middle-income
00:14economies and fifth in ASEAN, while leading in high-tech exports. The country still needs to
00:20improve in research and development and digital infrastructure. National Economic Development
00:26Authority, or NEDA, highlights the launch of initiatives like a P100 million innovation fund
00:32to address these challenges and support MSMEs and the creative industries.

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