Revamping the Technology Division to promote a culture of creativity and innovation

Revamping the Technology Division to promote a culture of creativity and innovation

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Economic growth is no longer  efficiency-driven, but innovation-driven. Therefore, it is of prime importance to transform new  knowledge and discoveries emanating from research into  innovative products, processes, services. This is a prerequisite to graduate Sri Lanka from the lower-middle-income  status (i.e GNI per capita  of  > $ 4,045) to  high-income status  (i.e   < $ 12,535). 

 

The Government  has stressed the need for  strengthening  local  industries, enterprises and SMEs and promoting exports in a competitive globalized environment for which creating a culture of creativity and innovation is of paramount  importance. Against this background, the NSF will effect a series of structural reforms, including establishment of a Division of Technology and Innovation which will interact actively with industry.

 

In order to accelerate this process and produce the expected outcome, NSF will  work closely with Prof. Menik Hettihewa, former Director of the Technology  Transfer Office, University of Ruhuna. An initial discussion in this connection was held on 19 August 2020 at NSF followed by an  interactive session  with its  administrative and scientific staff.