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Collaboration

ITRI and IDEA Consult Sign MoU

MoU Inked Between ITRI & IDEA Consult

ITRI and IDEA signed an MoU to collaborate on the evaluation of S&T resource allocation.

Early this year, ITRI signed an MoU with European think tank IDEA Consult. This collaboration on science and technology (S&T) policy research will not only provide far-reaching policy recommendations, but also promote the development of mutually beneficial relations between Taiwan and Europe.

Hsiu-Ya Yang, Director General of the Ministry of Science & Technology’s (MOST) Department of Foresight and Innovation Policies, commented that it has long been a policy objective to effectively utilize Taiwan’s limited resources to achieve the greatest benefits. “Small Country, Big Policy,” as she said, has been the overarching idea in policy formation by MOST, which has promoted the Plan for Developing a Systematic Approach to Allocation of S&T Resources. This systematic approach enhances understanding of Taiwan’s innovation-oriented R&D and industrial development characteristics, while promoting the development of operational evaluation mechanisms that drive innovation and enhance Taiwan’s international competitiveness.

The MoU Signing Ceremony between ITRI and IDEA Consult took place in January 2019.

The MoU Signing Ceremony between ITRI and IDEA Consult took place in January 2019.

Stephen Su, ITRI’s Vice President and General Director of Industry, Science and Technology International Strategy Center, remarked that in recent years Taiwan’s primary economic goal has been to enhance its competitiveness. To this end, Taiwan has actively promoted and supported the R&D of emerging technologies. Annual expenditures for this purpose have continued to increase, with budgets reaching NT$116.3 billion in 2019, a rise of 5.12% from 2018. To provide reference for the review and evaluation of resource allocation in Taiwan, ITRI is implementing MOST’s Plan for Developing a Systematic Approach to Allocation of S&T Resources to further explore international policy formulation trends and systematic research effectiveness evaluation mechanisms.

ITRI has long been acting as a government think tank and working closely with key public policy makers. Since 2015, it has cooperated with European consulting firm IDEA Consult, which assists the European Commission in promoting its Key Enabling Technologies policy. Stephen Su stressed that the signing of the MoU with IDEA Consult is expected to pave the way for in-depth interaction between the two sides, which will enhance the quality of research and help produce credible policy recommendations.

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