the role of universities and r.pptVIP

The Role of Universities and RD Organizations  In the Innovation Cycle Invention Innovation : National Significance Invention and innovation promote: new industries new value-added products and better processes new employment opportunities wealth at local and national levels step-wise improvements to an economy and society Sound intellectual property regimes promote: local inventions and innovations financial investment investments of new technologies and ideas by global corporations National Innovation System However, OECD (1994) study found : “ Innovation performa