Description

Knowledge-based economies have elevated science, technology, and innovation as key drivers of socio-economic development. Countries that successfully harness the intellectual property generated by research institutions have achieved remarkable economic growth, enhanced resilience through import substitution, and the export of innovative products, among other benefits. A recent study on the environment for innovation commercialization revealed a low level of generation and dissemination of research outcomes in the form of new products and processes designed to address industry challenges.