Innovating the way out of the financial and economic crisis.

Human kind has always turned to technology for solutions in the face of global threats and challenges. In the present crisis, technology, innovation and creativity will be critical in creating opportunities for economic renewal leading to a more innovative, eco friendly and sustainable world. So, as the global economy enters what appears to be a prolonged recession, one important way out of the crisis is to encourage the development of innovative new products and services that can yield, inter alia , new jobs and economic growth.

A new initiative should be launched to address the global challenges exacerbated by the financial and economic crisis by, inter alia, developing technological infrastructure to facilitate the promotion and access to innovation for sustainable development.