Minister of Science and Technology Nguyen Manh Hung asked units in the innovation block to develop criteria for evaluating the output efficiency to innovate creatively contribute about 3% to GDP growth.
Minister Nguyen Manh Hung at the afternoon of March 24. Image: Le Dung
Requested by Minister Nguyen Manh Hung in the meeting with three units including the Department of Startup and Technology Enterprises, the Department of Innovation and National Technology Innovation Fund (NATIF), on the afternoon of March 24. At the meeting, the Minister asked the units to clarify the functions and duties, define the exact concepts of “starting a business”, “creative start -up”, “innovation innovation” … to avoid vague understanding leading to ineffective actions.
Given an example of starting a business, the Minister noted the indispensable characteristics of a startup, which must have a creative breakthrough, solving a long -standing social problem. Meanwhile, nursery technology breeds, teaching and training startups. If you understand the correct concept, the policy will impact the right point in the development process of a startup.
According to the Minister, only when the units understand deeply, smoothly, the activities promote new innovation from difficulty to become easy to do.
At the meeting, he also asked the units in the block to create an innovative ecosystem. “This is an important task,” the Minister said.
Units need to measure and assess and manage output efficiency. “It is not measured, ie the money target but does not produce the final result, wasting money from the State,” he said and asked the Department of Innovation, NATIF to evaluate the efficiency of innovation activities. It is necessary to find the impact models of innovation on the economy and increase national competitiveness. This is the first thing to do because if not measured will not be able to manage, do not know the field of impact, where to prioritize and where to invest to promote development. The Minister asked the units if it found it difficult to refer to the previous countries.
Accordingly, he also asked the units to build tools and criteria to measure investment. Science, technology and innovation, transformation of numbers must contribute at least 5% to the target of 10% GDP growth per year. Innovation is expected to account for 60%, or about 3% of GDP growth, digital transformation will contribute 1-1.5% and science and technology accounting for 1%.
This is the first time the science and technology sector has specific goals on the contribution of innovation in the economy. In order to accomplish this goal, the Minister proposed the establishment of innovative innovation centers in each industry and in each locality, and promoted the policy of supporting businesses through the import and reduction of import taxes, corporate income tax incentives and providing preferential loans.
One of the solutions is to establish a national venture capital fund under the model of 30% of the state capital and 70% of private capital, in order to mobilize the maximum market resources to support startups that have the potential to become unicorns. The Minister also emphasized the role of technology standards in business development orientation and competitiveness. “The standard will create space for science and technology development and innovation,” he said.
Go back to solve the problem closer
The head of the Ministry of Science and Technology requires units in the Ministry to think differently and find another way. The traditional way of innovation is from science to technology, from technology to digital conversion. According to the Minister, now need to do the new way, the opposite. That is, it is necessary to recognize the transformation to create a new environment and space for innovation, create technological development needs, and set a problem of scientific research.
With innovative innovation block, technology development needs arising during the application process, after buying technology for use and improvement, people think that they can do better, so they then research and develop themselves. This way of development comes from the use of technology, which is from the need to solve practical problems.
Even in the previous “three houses” relationship, the traditional way of being the State, the Research Institute – University, Business, now should be the opposite. They are: businesses, hospitals – schools, state. This way Requires adjustment in the relationship between enterprises, institutes, schools and state. Due to the competitive needs, businesses need to innovate creatively, so they take the initiative to bring their problems and problems to the hospital and school to cooperate. The state will play a role in supporting this relationship.
He cited from the visit to a telecommunication network operating center located in India: “They bought Ericsson’s $ 500 million software, but hired 3 programmers to edit and supplement new features for more efficient exploitation.” The value of these creative people alone exceeds the original software value. Accordingly, “Innovation is sometimes just one unprecedented, unprecedented use. Innovation means buying, but using it is not like others”.
According to the Minister, if all activities build the criteria for evaluation and efficiency of the output in a wall, easy to understand and feasible, the state management activities will prove the effectiveness.
Earlier during the visit and working in Rang Dong in April 2023, Minister Nguyen Manh Hung also came up with the concepts of innovation innovation as “to recreate himself”, especially for organizations that want to develop sustainably. He also wants the units to imbue this thought to release energy and promote innovation.