00:00 The Philippines' rank has risen when it comes to the Global Innovation Index of the World Intellectual Property Organization of the United Nations,
00:09 where the country rose from 59th spot to 56th.
00:15 According to the Department of Science and Technology Secretary Renato Solidum,
00:19 the index is measured by the use of science, technology, and innovation of various countries in the development of the economy.
00:28 80 indicators are used to compare the index to other countries.
00:35 Here, it is also seen where a country should improve.
00:40 According to Solidum, they are working hard to raise the ranking of the Philippines
00:46 where the country is in the 132th place in the index this year.
00:53 If we look at our country, the rank is high in the Knowledge and Innovation Input,
01:01 where our exports are really high-tech.
01:08 Second, in the high-tech exports in the Philippines, we are leading in the creative goods export.
01:15 But we still need to look at our technology commercialization to make it more profitable.
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