Innovation

Innovation is at the heart of DTI’s Inclusive Innovation Industrial Strategy
(i3S). It is at the front and center of the country’s strategic policies and programs, allowing industries to be in a better position to face competition in both domestic and export markets, thus helping build resilience among industries amidst challenges brought about by future uncertainties.

The i3S aims to grow globally competitive and innovative industries. Central to the i3S framework is the competition-innovation-productivity nexus that serves as channels through which investments, employment, and growth would be generated. Current efforts on innovation address various strategic opportunities and challenges, including those arising from Industry 4.0, increasing global competition, regional and global issues on trade, regional economic integration, and building more resilient industries.

Industry 4.0 has been creating new industries and disrupting business models at an accelerated pace. New technologies arising from Industry 4.0 would spur the development of new production techniques and business models that would transform global production systems, create new, more distributed and connected value chains, and could trigger selective reshoring and nearshoring, thus requiring new skills and capabilities at each stage of the Global Value Chain. We are spearheading programs that take advantage of all these new technologies to support the innovation capacity and competitiveness of Philippine businesses.

With new technologies, new skills and capabilities would be required such as analytical thinking, innovation, creativity, originality, technology design & programming. New roles would be created for data analysts, scientists, specialists in AI, ML, Big data, automation, and new technology. Skills development, upskilling and reskilling form part of strategy in building capacity in key priority industries.

With all the changes brought about by the current pandemic, new mindset and renewed thinking are demanded. The pandemic has been an impetus to fast-track innovation with greater focus on resilience & sustainability. Teams will have to formulate innovative solutions that require cooperation, collaboration, and cohesion in anticipation of the future. The goal is to gather all initiatives and resources to be used through meaningful channels to lead into value-adding approaches and measures. In the age of New Normal, the government will critically take part in leading the country to economic, business, and societal recovery. CIG will significantly contribute to supporting strategies to implement innovation and digitalization activities, and build competitiveness among firms.

RIICS

INDUSTRY TRANSFORMATION