innovation

The COVID-19 Crisis and Innovation: Why Intellectual Property Rights Matter

This blog highlights the importance of intellectual property rights (IPRs) in the commercialisation process and suggests some strategies to advance the commercialisation process in Sri Lanka.

Protecting Sri Lankan MSMEs During a Pandemic: A Need for Innovative Solutions

Successive Sri Lankan governments have correctly identified the importance of MSMEs as one of the main drivers of growth and development. However, while this sector makes up the backbone of the Sri Lankan economy, it continues to be one of the most vulnerable to local and global economic disruptions.

How Technology is Shaping Apparel Sector Supply Chains in Sri Lanka: Shifting to Nearshoring and Reshoring

This blog examines the implications of tech-led supply chain changes on Sri Lanka’s apparel industry and argues that it is important to prepare early for forthcoming changes through a holistic approach, engaging a spectrum of stakeholders to improve the competitiveness of the industry. Prioritising investment in innovation and skills and improving the efficiency of business processes is critical for Sri Lanka’s apparel industry to remain competitive in the changing tech-landscape.

Data, the Driving Force of the Fourth Industrial Revolution (4IR)

The new technological advancements in the Fourth Industrial Revolution (4IR) are altering the way people live, work, and interact with one another. Since the technologies of the 4IR are highly dependent on data, including big data, it is important to formulate strong policies to facilitate the sharing and protection of data. Another major requirement is to ensure that necessary infrastructure, especially access to the internet, is in place, so that the benefits of the 4IR can be enjoyed by all.

Farm Smart! Developing Sri Lanka’s Agriculture Sector in the 4IR

Rapid population growth has put tremendous pressure on the world’s agricultural systems to provide safe and nutritious food to all. Unfortunately, productivity growth has been hampered by land and water resources degradation and climate change. As it stands, emerging technologies of the 4IR can overcome the structural weaknesses of the current food systems and deliver more productive, competitive, and sustainable outcomes. This blog examines the ways in which such technologies can revolutionise the agriculture sector in Sri Lanka.

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