Asia-Pacific tech monitor. Vol. 30, No. 2, Apr - Jun 2013
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2013
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Vol. 30, No. 2, Apr - Jun 2013
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UN SDG
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Abstract
The National Innovation System (NIS) is generally viewed as a complex set
of relationships and linkages among various actors involved in the innovation
process of a country. The key components of NIS include policymakers,
enterprises, academia, universities and government research institutes. The
dynamic relationships among the key NIS actors catalyse innovation and technology
development and therefore NIS is considered critical for the sustainable
economic growth and development of countries. If structured well and
implemented effectively, each country’s NIS can create a favorable environment
for the development, commercialization and deployment of innovative
technologies needed for sustainable economic development. A strong NIS can result in sectoral, functional
and institutional integration at the regional, national and sub-national levels.
The shaping of the NIS of a country is primarily guided by its national interests, needs and aspirations. The
strength of NIS also depends on the flow of technology and information between people, enterprises and
institutions in a country that are key to the innovative process. However, the fundamental objective of any
NIS is to promote sustainable economic development through technological innovation. Therefore, there is a
need not only to strengthen the NIS of countries within a region, but also establish a coordination mechanism
among key actors and stakeholders to streamline national innovation systems, which enable accelerated and
more effective economic development.
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