AMMAN---------- October18, 2015---------- Talal Abu-Ghazaleh Foundation for Development (TAG Foundation) and the Supreme Council of Science and Technology signed a Memorandum of Understanding aiming towards increasing awareness in regards to the importance of Scientific Research and Development.
The MoU signed at the Talal Abu-Ghazaleh University headquarters aims for cooperation among both parties in order to help the talented and the innovators expand their ideas precluding the conversion of these ideas into productive and developmental projects; while marketing the outcomes of their work and researches through establishing ties between the innovative individuals and potential investors or businessmen.
Through the Memorandum, both sides seek to deliver joint research projects to international parties in different areas such as energy, water, nutrition, health, environment and so on. In addition to transfer technology to the Kingdom through benefitting from expertise and experience of developed countries and the services which both parties can deliver whenever possible. The preparation of domestic and foreign conferences related to the areas of science and technology will also take place.
During the signing ceremony, HE Dr. Talal Abu-Ghazaleh stressed on the significance of the availability of a concerned entity related to innovations and innovators since the core tool of wealth is knowledge; indicating that what we produce today constitutes the future of Jordan as there is no future without creativity.
Talal Abu-Ghazaleh Organization further expressed its readiness for cooperation and service to the council in addition to its president: His Royal Highness Prince Al Hassan Bin Talal through all potential and expertise of the Organization affirming that everyone is present here to serve the country.
His Excellency moreover denoted the significance of the availability of one main entity to include all other concerned stakeholders entitled to innovation. The aim of this is to gather optimum effort in this field with focus on awareness about the importance of investment in innovation and innovators. It is vital to create the culture of innovation among youth, especially the digital innovation which owns the future in all fields. This can be done through allotting awards in digital innovation.
His Excellency also called for an annual exhibition for the innovators to display their innovations and market them through linking these innovators with investors to convert these creative ideas into real products since there is no current existing mechanism to link those two parties with each other.
His Excellency furthermore highlighted the significance of reissuing the report of competitiveness to reveal the current situation which encourages development, innovation and competitiveness indicating the availability of the Organization's expertise in the assistance in regards to reliance on international standards in reporting.
For his part, Secretary General of the Supreme Council for Science and Technology Dr. Khaled Alshraideh affirmed the presence of a large intersection in work between the Council and the Organization, direct
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