Inventions, Innovations Seen to Boost Economic Growth

Manila Bulletin, July 26, 2010 | Go to article overview

Inventions, Innovations Seen to Boost Economic Growth


DAVAO CITY (PNA) - Secretary Mario G. Montejo of the Department of Science and Technology (DoST) stressed the importance of technology, innovations, and inventions in accelerating the country's economic growth.

He made this emphasis during the recent four-day Mindanao Invention Contest and Expo (MICE) 2010 held at the NCCC Mall here with this year's theme "Filipino Inventions and Innovations: The Way Forward."

Montejo, in his speech delivered Sunday by DoST Assistant Secretary Carol M. Yorobe, said the government is committed to support the inventors not only in the Mindanao region, but throughout the country to generate innovative ideas and transform them into useful products, processes, and services that would ultimately benefit the whole citizenry.

"I believe that inventions will help propel our economy for history shows that no country has ever progressed without the advancement in inventions, technology and innovations, which are the fundamental pillars of modern economy," he said.

Montejo added that the DoST will continue its support for inventors to increase the level of invention appreciation resulting in the improvement of the quality of life of the people. …

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