The

The promotion
promotion of
innovation
of
innovation
Waleed Ahmed
Roll#20020920-193
 Introduction
Definition:
“Innovation refers to the creation and implementation of new
ideas, processes, products or services that lead to significant
improvements or advancement.”
Importance:
Innovation Drives, enhances and addresses the following,
Economic
growth Competitiveness

Global
challenges
A global approach to Establishing innovation and
inventive support structure or services

Collab • Encourage international collaboration in research, funding and

oratio
n knowledge-sharing to foster innovation globally.
among
Nation
s:

• Facilitate the exchange of best practices and successful strategies

Knowl
edge among countries through conferences and online platforms
Sharin
g:

• Funding Mechanisms: Establish international funding

Fundin
g opportunities and joint venture funds for innovative projects.
Mecha
nisms
 • Promote harmonization of intellectual property laws across countries to protect
prote inventions and innovations globally.
ction

Tech
nolog • Support the transfer of technologies and knowledge to developing countries,
y empowering local innovators.
trans
fer:

Regul • Advocate for innovation-friendly regulatory frameworks worldwide, reducing

atory barriers to new technologies.
Align
ment
:
Aqeel
20020920-226
 Implementing and Managing Innovation and Invention
Support Structures and Services
Public-Private Partnerships: Foster collaboration between governments,
private companies, and NGOs to invest in and support innovation initiatives.
Education and Skill Development: Emphasize STEM education to nurture the
next generation of innovators and inventors.
Sustainable and Inclusive Innovation: Encourage innovations that address
global challenges and promote sustainability and social inclusivity.
Innovation Index: Develop an international innovation index to assess and
rank countries' innovation capabilities.
Diplomacy for Innovation: Use diplomatic channels to promote innovation
collaboration and knowledge-sharing among nations.
 Innovation Center or Innovation Support Network

Definition:
An innovation center or support
network is a dedicated space or
platform that fosters collaboration,
creativity, and idea-sharing among
innovators.
Services Offered:
Access to Funding: Facilitating funding opportunities for innovative ideas and startups.
Technology Transfer: Connecting innovators with technologies and knowledge for development.
Mentorship and Support: Providing guidance and expertise from experienced professionals.
Collaboration Spaces: Physical or virtual spaces for networking and collaborative work.
Intellectual Property Assistance: Helping innovators protect their inventions and navigate patent
processes.
Global Network: Establishing an interconnected network of innovation centers across countries to
promote international collaboration.
Local Impact: Contributing to local economic development, job creation, and social progress through
innovative projects.
Success Stories: Showcase examples of successful innovations that emerged from innovation centers or
support networks.
THANKS!