Minister: Time to be more innovative

“If we are to effectively compete with countries who have already begun adopting the Fourth Industrial Revolution and those aiming to do so, we will undoubtedly require new innovation strategies so that our manufactured goods are world-class and competitive, using cutting-edge technology.”

Gopee-Scoon told the audience, the Government began setting a framework to promote and foster the use of innovation and technology as articulated in the National Development Strategy, more commonly known as Vision 2030; and several policies, plans and strategies that will ensure that innovation is embedded in TT’s economic development.

She added that “the Government’s National Innovation Policy is in its final deliberations for approval.

This will set the policy framework and environment that will position Trinidad and Tobago among the leading knowledge and skills-based countries in this hemisphere.

“The implementation of this Policy will commence soonest and will promote the development of a well-educated, adaptable and technologically capable population with a strong scientific orientation, so that they can apply research, science, technology, innovation and entrepreneurial skills for economic growth”.

Gopee-Scoon indicated that, “part of creating an innovation driven economy is creating the necessary spaces in which businesses can leverage their intellectual property and utilize their innovative business solutions while contributing to economic growth and diversification.

The Tamana InTech Park has been designed specifically for technology and innovation driven enterprises and a key part of our country’s diversification thrust”.