Ignite the torch of innovation

The fourth industrial revolution with the explosion and rapid development of science and technology will create conditions for localities and units, especially the business community to apply science and technology, transform production methods, renew growth models, and improve growth quality. The current problem is to accelerate the innovation process; thereby effectively apply the achievements of the industrial revolution 4.0.

First, it must be affirmed that, in today's era, innovation is the method and driving force for development in general. Innovation plays a very important role for the development of the country, the locality, each unit and the business community. Innovation can be understood as creating and applying achievements, technical solutions, technologies and management solutions to improve the efficiency of socio-economic activities.

Recognizing the pivotal role of innovation in socio-economic development, over the past time many guidelines and policies to strongly promote innovation have been issued, put into life, creating positive changes in all areas. field. This has lit up and ignited the torch of innovation start-up across the country.

In Binh Duong, the start-up and innovation movement is also developing very strongly; In which, the outstanding model is the three-house linkage model (State, schools, and enterprises), contributing initially to the formation of a startup and innovation ecosystem. Besides, innovation centers, business incubators, and start-up innovation movements among young entrepreneurs are also taking place quite actively. In particular, the orientation of building a smart city with basic, solid and practical steps is also strongly promoting the local innovation process...

The current trend of technology integration and innovation in the 4.0 era is posing very new practical problems in the development process. Taking the lead by applying science and technology through the innovation movement will improve productivity, quality and efficiency of the economy. Therefore, lighting and blowing up the torch of innovation for continued rapid and sustainable development is an indispensable requirement. This also strongly promotes model innovation, improving the quality of economic growth; increase labor productivity, competitiveness for local businesses as well as the economy in general.

 Reported by Dam Thanh - Translated by Ngoc Huynh