THE ROLE OF SCIENCE, TECHNOLOGY AND INNOVATION TO INCREASE COMPETITIVENESS IN THE PRODUCTIVE SECTOR: THE JAMAICAN EXPERIENCE OF WALKERSWOOD. A CASE STUDY.
THE ROLE OF SCIENCE, TECHNOLOGY AND INNOVATION TO INCREASE COMPETITIVENESS IN THE PRODUCTIVE SECTOR: THE JAMAICAN EXPERIENCE OF WALKERSWOOD.
A CASE STUDY.
INTRODUCTIONThe adoption of appropriate scientific and technological applications in promoting and fostering socio-economic development represents an essential component of development planning policy in Jamaica.Systematic promulgation of appropriate science, technology and innovation policies(STIP) seeks to: 1. Expand Productive Capacity2. Improve Productivity 3. Build Competitive Advantage
Main Policy Components address:
Macro-economic Growth and Stability
The range of strategies being pursued in context of a STIP policy framework include:
Promoting and Supporting Business Investments
Improve Public Infrastructure
Provide Support of Public Policy
Manufacturing sector has not yet been impacted by the NIP.
Low levels of investments in upgrade of plant and equipment identified as a main impediment.
Category of processed foods, particularly sauces has been growing phenominally