#PIDSInfoBits: Do you know how MSME innovation can be supported in the Philippines?
According to a PIDS study, only 3 out of 10 micro, small and medium establishments are innovation active.
This means that they engage in developing new or significantly improved processes and goods and/or services through new or improved methods of production, logistics, maintenance or operations, as well as investment in research and development, training, machinery or software for innovation.
Know more about the recommendations of PIDS on how we can innovate and support MSME establishments by reading the PIDS study titled "The Extent of Innovation in Philippine Business and Industry: Results of the 2021 PIDS Survey of Innovation Activities"