Innovation, economy

Innovation, economy

Innovation and knowledge are essential factors of competitiveness and sustained economic growth. Their social role is the enhancement of the quality of life. The New Széchenyi Plan features science & innovation, as one of the take-off points of economy, among its 7 programs. The New Széchenyi Development Plan encourages the development of domestic science and innovation by tender support.

In a knowledge-based economy, innovation and creativity are nourished and protected by intellectual property, which is one of the guarantees of the return on R&D&I costs and innovation investments.

The Hungarian Intellectual Property Office, as a government office, is responsible for intellectual property protection. The President of the Office is a permanent invitee of the National Research and Technological Innovation Council.