Socioeconomic Planning Secretary Arsenio Balisacan said Wednesday that science, technology, and innovation will drive the next wave of economic growth in the Philippines, as reported by Philstar Biz.
Speaking before academicians, Balisacan urged them to move their research beyond the classroom and into communities where it can have a more direct impact. He emphasized the need for practical applications of scientific discoveries to address real-world challenges and boost productivity.
The call aligns with the government's push to strengthen the country's innovation ecosystem, aiming to transform the Philippines into a knowledge-based economy. Balisacan highlighted that sustained investment in R&D and collaboration between academe and industry are crucial to achieving long-term growth.