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Industry’s views of Research for Competitiveness Ing . Ray Muscat. 23 rd November 2011 MCST Conference: Amplifying the Competitiveness of Manufacturing in Malta. Industry’s perspective of RTDI. RTDI is a determinant for the competitiveness of European enterprises.
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Industry’s views of Research for Competitiveness Ing. Ray Muscat 23rd November 2011 MCST Conference: Amplifying the Competitiveness of Manufacturing in Malta
Industry’s perspective of RTDI • RTDI is a determinant for the competitiveness of European enterprises. • The RTDI process is seen to be essential for process improvement, and product / service development. • RTDI is an investment in business development, particularly when this leads to new knowledge and future intellectual property assets. • Implementation of RTDI processes require systematic implementation and management of the risks involved to ensure effectiveness.
RTDI and Maltese Industry Group 1 – FDI Enterprises Driven by RTDI • A small number of companies undertaking research locally, whereby this is intrinsically linked with the product they produce. • Enterprises who undertake international marketing from Malta leading to the requirement of R&D functions. Group 2 – FDI Enterprises R&D is undertaken abroad, local process innovations • R&D is essential to these companies, however due to internal (international) corporate policies this research is not undertaken in Malta.
RTDI and Maltese Industry Group 3 – Maltese Enterprises / Technology Start-ups Capacity constraints for RTDI • Enterprises consider RTDI as an important determinant, however they may experience limited capacity to implement: culture of organisation, knowledge and expertise, human resources, idea management, financial resources and access to adequate infrastructures. Group 4 – Maltese Enterprises Somewhat Sceptical about RTDI benefits • Enterprises who generally are reluctant to undertake RTDI due to the uncertainty of RTDI outcomes, cost and/or lack of importance given to the RTDI process itself. The majority of enterprises fall in this group.
Enhancing our Innovation and R&D efforts in Industry • Creation of a more dynamic and competitive environment for market-driven research and development. • Promotion of the development and growth of technology-driven and knowledge-based manufacturing industries. • Designing and implementing an enabling and integrated framework in all relevant policy areas. • Creation of an efficient R&D infrastructure to enhance Malta’s attractiveness to high-valued added FDI, better anchoring of existing FDI and accelerating the capacity of our industries to internationalise.
THANK YOU ray.muscat@maltachamber.org.mt