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Fostering Innovation through Research, Science and Technology (FIRST)

Sector: Manufacturing (Industrial) • Location: Viet Nam

Source: World Bank

Project
Closed

The development objective of the Fostering Innovation through Research, Science and Technology (FIRST) Project for Vietnam is to support science, technology and innovation (STI) in Vietnam by designing and piloting of STI policies, enhancing the effectiveness of project-aided research and development (R and D) institutions, and encouraging the development of innovative technology enterprises. The

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The project “Fostering Innovation through Research, Science and Technology (FIRST)” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Viet Nam. Taiyo aggregates data on it from World Bank.

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Description

Description

The development objective of the Fostering Innovation through Research, Science and Technology (FIRST) Project for Vietnam is to support science, technology and innovation (STI) in Vietnam by designing and piloting of STI policies, enhancing the effectiveness of project-aided research and development (R and D) institutions, and encouraging the development of innovative technology enterprises. The project has three components. The first component is knowledge and policy development. Under this component following activities will be carried out: (i) research on and pilot implementation of policies to attract overseas talented experts; and (ii) strengthening results measurement in STI. The second component is supporting Government Research Institutes (GRI) reform and enterprises innovation. This component will provide approximately fifteen GRI STI grants to selected GRIs in selected priority sectors. It will provide innovation links between enterprises and scientific communities. It will help in establishment of the national core technology laboratory for mechanical manufacturing automation and embedded technology. The third component is project management. This component will help in strengthening the institutional capacity of Ministry of Science and Technology (MOST) in order to implement the project and comply with the fiduciary, monitoring and evaluation, and reporting requirements. It will also help in carrying out of policy research programs on project activities.

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High

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100%

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