Mediterranean: improving economies through innovation
February 29, 2016
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“How to develop technologies in Middle-Eastern and North African countries? Whether it’s educational reforms or the fight against corruption, improving the regional economy faces many challenges”, the ‘Forum euroméditerranéen des instituts de sciences économiques’ (FEMISE) said in a statement on its website (posted on Friday 26 February 2016), which tells about the work in progress between its experts and those of the ERF (Economic Research Forum). The two fora have “identified several avenues that could provide new momentum through innovation”, the statement said.
One suggestion is to ensure the “reform of the education system” and, in addition to providing financial aid to businesses, it was suggested that the state needs to intervene in other areas. “It must take down institutional barriers, protect innovators by implementing intellectual property laws and create technology parks”, Jean-Eric Aubert, a specialist in innovation policy advising international organisations and former programme manager at the OECD and World Bank, said in the statement.