Van Nam
More investment is needed from businesses to help unleash the science-technology potential which could help boost economic growth.
A recent report on the 2011-2013 activities of the city’s Department of Science and Technology indicates that the State budget spent around VND2.44 trillion, accounting for 56% of the total value, while other capital sources totaled some VND2 trillion, or 46%.
According to Phan Minh Tan, director of the department, the city’s science and technology potential is still limited given its modest investment and heavy reliance on the State budget. Besides, the city still lacks mechanisms and policies for encouraging the commercialization of research results, he explained.
In South Korea, as much as 70% of the budget set aside for investing in science and technology is contributed by enterprises, with the balance funded by the State, according to the department.
Science and technology directly contributes about 0.3% to the city’s gross domestic product growth on average, the municipal Department of Statistics reports.
In fact, Tan’s department carried out 270 research projects costing VND90 billion from 2011 to 2013. However, the number of research projects having results applied directly to management, production and business accounts for only 30% while the number of projects considered as supportive knowledge for scientists and policy-making represents 24%. Around 24% of research is still being deployed and has yet to be applied while 14% is still on paper.
Đăng ký: VietNam News
