Brazil sets out plans to boost innovation

The Brazilian government has published a National Innovation Policy (NIP) setting out plans to encourage and develop innovative products, processes and services across the country. The areas include improving skills; widening the innovation talent pool; encouraging international engagement; and stimulating research, development and innovation within the Brazilian private sector. The government says the NIP will promote the coordination and distribution of public funds towards the advancement of innovation. An Innovation Committee, managed by the Ministry of Science, Technology and Innovations (MCTI) and chaired by the presidential office, will oversee the wide-ranging project. It is due to publish a detailed National Innovation Strategy in the near future, the technology website reported.