In order to upgrade and modernize our national R & I framework, the Maltese government is adopting a new Smart Specialization Strategy in line with its commitment to achieve a robust research and innovation eco-system of benefit to the national economic development, our researchers and all stakeholders. The strategy will also facilitate access to EU funding for R&I in selected economic sectors.
In his address during the launch of the new strategy, Minister for Equality, Research and Innovation Owen Bonnici said that the strategy will ensure access to the required R&I funding support to strengthen research in the six thematic areas identified and guarantee the continuity of the necessary investments throughout the lifecycle of the strategy.
Minister Bonnici said that the government is committed to mobilize the required efforts at all levels, for the strategy to be implemented effectively, and emphasised that a strong Governance is particularly crucial for the strategy's success and implementation.
Executive Chairman of the Malta Council for Science and Technology Jeffery Pullicino Orlando said that innovation is one of the best ways to achieve economic growth and that with the targeted approach of the strategy, our country will be able to aim its investment at those areas with the greatest opportunity to succeed.
The Smart Specialization Strategy has identified 6 smart specialization areas with potential for further R&I activities for the period 2021-2027. These are:
The Smart Specialization Strategy is in line with the government's post-pandemic vision which made explicit reference to the need to channel government resources, policy, and industry collaboration to drive innovation for the continuous strengthening of the country's economic drive.
The Smart Specialisation Strategy is being championed by the Ministry for Equality, Research and Innovation with the technical support of the Malta Council for Science and Technology.