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MECO Forges Partnership with Taiwan for Establishment of R&D Center
Summary posted by Meridian on 5/11/2009 The Manila Economic and Cultural Office (MECO), the Philippines, and Taiwan have signed an agreement calling for the establishment of a technology incubator center to be modeled after Taiwan's Industrial Technology Research Institute (ITRI). This research and development center would serve as technology support for the Philippines' budding Information and Communication Technology (ICT) companies. ITRI expedites the development of new industrial technology in Taiwan and employs 6,000 experts in various research areas, including nanotechnology, chemical engineering, and sustainable development. The agreement between MECO and ITRI will result in ITRI helping the Philippine parties to develop a feasible technical, operational, and financial roadmap for the Philippines R&D institute. Antonio I. Basilio, MECO resident representative and managing director, said that "The Philippines needs a technology incubator similar to Taiwan's ITRI, one that would provide technology support for the country's budding ICT companies and spur passion for science and technology among the Philippines' promising entrepreneurial and academic talent.... We have what it takes to build our very own ITRI because we have an enormous amount of IT and engineering talent in the Philippines. We also have first-class technical schools and venture partners and enterprises that are receptive to plum opportunities in the technology sector." The article can be viewed online at the link below. The original article may still be available at www.tradingmarkets.com/.site/news/Stock%20News/2313309/ As tagged by Meridian Institute:
Implications:
Human Enhancement, Governance, Economic Competitiveness Related Forums: |
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