INDUSTRY,INNOVATION AND INFRASTRUCTURE

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INDUSTRY,INNOVATION AND INFRASTRUCTURE by Mind Map: INDUSTRY,INNOVATION AND INFRASTRUCTURE

1. Target

1.1. Promotesustainable industrialization

1.2. Enhance scientific research

1.3. Support domestic technology development

1.4. Increase access to ICT

2. Drivers of innovation

2.1. Infrastructure investments

2.2. Government policies

2.3. Access to skilled talent

2.4. Access to financial services

2.5. Technological legacies

2.6. Research and development

2.7. Supportive regulatory frameworks

3. Benefits

3.1. Drives economic growth and productivity

3.2. Provides job opportunities

3.3. Reduces income poverty

3.4. Enhances faster socio-economic development

3.5. Adapt to changing market demands

4. Challenges

4.1. High research and development costs

4.2. Regulatory barriers

4.3. Intellectual property issues

4.4. Resistance to change within organisations