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Innovation—the creation and delivery of new customer value in the marketplace—is vital to long-term economic development and growth. A region's capacity for innovation depends on an effective and synergistic ecosystem with many elements, including skilled people, R&D, financing, a favorable policy environment, and more.
Through analyses of clients' innovation capacity relative to that of their competitors, SRI's Center for Science, Technology, and Economic Development develops strategies to address identified gaps and build on strengths.
Using a proprietary NIE assessment technique, SRI mapped the main pillars, frameworks, drivers and institutions underpinning Oman’s innovation capacity.
In 2009, Virginia Governor Tim Kaine acted upon SRI recommendations to make strategic investments to nurture statewide innovation, entrepreneurship, and commercialization of up-and-coming technologies.
In a program organized by SRI, senior government officials met to discuss and learn ways to collaborate internationally on areas of strategic importance in science and technology.
SRI's analyses and recommendations have bolstered support for a nearly $1 billion program extension.