Lesson 5 (TALK SHOW BARILI) reset 1 Flashcards

(19 cards)

1
Q

The ______________ is a landmark law aimed at strengthening the country’s innovation system by promoting a culture of creativity, research, and technological advancement

A

Philippine Innovation Act (RA 11293)

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2
Q

Philippine Innovation Act (RA 11293) was signed into law by President ________

A

Rodrigo Duterte

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3
Q

Signed into law by President Rodrigo Duterte on _______, it recognizes innovation as a key driver of sustainable economic growth and national competitiveness.

A

April 17, 2019

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4
Q

3 Key Objectives of the Philippine Innovation Act

A
  1. Foster Innovation Across Sectors
  2. Lead Implementing Agencies
  3. Funding and Support for Innovation
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5
Q

The law promotes innovation in education, agriculture, health, manufacturing, and services to boost productivity and competitiveness.

A

Ra 11293

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6
Q

meaning of NIC

A

National Innovation Council

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7
Q

The ________ is tasked to remove fragmentation in innovation governance by ensuring collaboration among government agencies, businesses, and academic institutions.

A

National Innovation Council (NIC)

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8
Q

The ____ will set long-term innovation priorities and goals to guide policies and investments in science, technology, and entrepreneurship.

A

NIC

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9
Q

Support____ and ____, and Medium Enterprises (MSMEs)

A

Startups
Micro, Small

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10
Q

The law mandates programs that assist _____ & ___ in adopting new technologies and expanding research and development (R&D) activities.

A

startups and MSMEs

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11
Q

The Philippines Innovation Act encourage ___ and _____ Collaboration

A

Public
Private Sector

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12
Q

To operationalize the law, Joint ______ Administrative Order No. 01, Series of 2020, was issued to outline the specific guidelines for implementation.

A

NEDA-DOST-DTI

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13
Q

menaing of NEDA

A

National Economic and Development Authority

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14
Q

The National Economic and Development Authority (NEDA) leads the_____, in collaboration with the Department of Science and Technology (DOST) and the Department of Trade and Industry (DTI).

A

execution

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15
Q

Establishes an ______ to finance R&D projects, capacity-building initiatives, and technology transfer programs.

A

Innovation Fund

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16
Q

Strengthens ______ education and entrepreneurship programs.

A

STEM (Science, Technology, Engineering, and Mathematics

17
Q

Promotes _____ and _____ programs to enhance workforce adaptability.

A

lifelong learning
upskilling

18
Q

Impact and Significance of the Philippine Innovation Act

A
  1. Boost Economic Growth
  2. Enhances Competitiveness
  3. Improves Public Services
  4. Strengthens MSMEs and Starups
19
Q

Despite its benefits, the law faces some challenges: (4)

A
  1. Limited funding for R&D and innovation programs.
  2. Bureaucratic inefficiencies in coordinating government agencies.
  3. Brain drain, where skilled Filipino scientists and engineers work abroad instead of contributing to local innovation.
  4. Need for stronger industry-academe linkages to commercialize research outputs.