{"id":223188,"date":"2019-07-16T19:52:36","date_gmt":"2019-07-16T23:52:36","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=223188"},"modified":"2019-07-16T19:52:36","modified_gmt":"2019-07-16T23:52:36","slug":"ph-innovation-law-to-help-attain-inclusive-growth-solon","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/07\/16\/ph-innovation-law-to-help-attain-inclusive-growth-solon\/","title":{"rendered":"PH Innovation Law to help attain inclusive growth: solon"},"content":{"rendered":"
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Gatchalian said the Philippine Innovation Act will develop a National Innovation Agenda and Strategy Document that will deepen and accelerate inclusive innovation programs that target the poorest of the poor. (File Photo<\/a>: Senator Win Gatchalian\/Facebook<\/a>)<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0— Senator Sherwin Gatchalian on Tuesday lauded President Rodrigo Duterte for signing a landmark law that would put innovation at the center of the country’s national development policies and making innovation a major driver of economic development.<\/p>\n

President Rodrigo Duterte signed into law the Philippine Innovation Act (Republic Act 11293), which aims to establish a resilient national culture of innovation that will boost the productivity of micro, small, and medium enterprises (MSMEs) on April 17. A copy of the law was only released to the media on Tuesday.<\/p>\n

“The Philippine Innovation Act was inspired by our vision to put innovation at the center of the country’s national development policies and make innovation a major driver of economic development that will build the foundation of a more inclusive future. We thank President Rodrigo Duterte for finally turning this vision into a reality after signing this landmark bill into law,” Gatchalian said in a statement.<\/p>\n

Gatchalian said the Philippine Innovation Act will develop a National Innovation Agenda and Strategy Document that will deepen and accelerate inclusive innovation programs that target the poorest of the poor.<\/p>\n

He added that a National Innovation Fund would be created to “support every Juan de la Cruz with innovative ideas that will benefit the poorest of the poor.”<\/p>\n

An amount of PHP1 billion was allocated for the first-year implementation of the new law.<\/p>\n

“This law aims to harness innovation efforts to help the poor and the marginalized as well as enable MSMEs to be a part of the domestic and global supply chain,” he said.<\/p>\n

“With the implementation of this law, I look forward to a thriving and growth-fueling national innovation system, which will cure our highly fragmented innovation governance system,” he added.<\/p>\n

The law provides for the creation of a National Innovation Council (NIC), chaired by the President, to develop the country’s innovation goals, priorities, and long-term national strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0— Senator Sherwin Gatchalian on Tuesday lauded President Rodrigo Duterte for signing a landmark law that would put innovation at …<\/p>\n","protected":false},"author":44,"featured_media":145603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[],"class_list":["post-223188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","mauthors-filane-mikee-cervantes","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/223188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=223188"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/223188\/revisions"}],"predecessor-version":[{"id":223189,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/223188\/revisions\/223189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/145603"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=223188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=223188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=223188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}