MoTI

The Ministry of Trade and Industry (MoTI) has been asked to give strong backing to indigenous Ghanaian businesses to develop vibrant research and development units.
MoTIProfessor Samuel N. Odai, Pro Vice-Chancellor of the Kwame Nkrumah University of Science and Technology (KNUST), said this was the trend in modern industrial practice.
He cited the success story of South Korea and said the tremendous progress made by the Asian country in the manufacturing of automobiles, electronics and other technologies had come on the back on research and development.
In the year 2013, it was ranked fourth only to the United States (U.S.), Japan and Germany in terms of the number of patents registered by the US Patent and Trademark Office.
Prof Odai was delivering a paper on ?Transforming Ghana?s stunted development through appropriate application of science and technology? in Kumasi.
This was at a forum organized by the KNUST Alumni Association – a forerunner to its eighth biennial congress scheduled for 16-19 October.
The Pro Vice Chancellor spoke of how sharp increases in research and development budget was aiding global giants to adopt new technologies for sustained growth and profitability.
He also underlined the need to strengthen the partnership between industry and academia, saying, the yawning gap must be bridged.
This is necessary against the background of the 2010 World Bank report, which said employers in Ghana and Nigeria, particularly the multi-national companies, were expressing worry about the total lack of practical skills among technology graduates.
It also reported that there was a shortage of highly-skilled labour for innovation throughout the developing countries in Africa.
Prof Odai called for change in attitude on the part of policy-makers to make research more relevant to the nation.

GNA

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