INNOVATION TECHNOLOGY IS SUBSIDY AND SOCIAL ASSISTANCE.
INNOVATION TECHNOLOGY IS SUBSIDY AND SOCIAL ASSISTANCE.
Some of my South Korean friends who live in Cikarang. They are foreign industrial investors whose raw materials are mostly imported and local. Among noni, goose feathers, organic vegetables.
When I went to Cibubur's house, I told you that in South Korea, I wasn't looking for innovation so I could subsidize, especially social assistance. But technological innovations that they have are subsidized for the community.
A concrete example, a lecturer as well as a researcher at one of the campuses. Always stimulated to want to continue to endlessly research and innovate.
If the government is able to innovate, then the government subsidizes a certain amount of funds, a form of debt without bank interest. The use of which is for the commercialization process of innovation (industrialization).
So that the time of innovation will be truly grounded to the wider community, it can even be a source of passive income for the state in the form of taxes and foreign exchange.
That's how South Korea accelerates its innovation and downstreaming (commercialization). So that researchers can prosper because of the royalties of their own work in a logical way. So the driver of the rapid development of innovation such as Samsung and others.
Then..
_ What about in Indonesia that we love? _
As if they are still busy looking for innovations so that they can subsidize or assist them.
A concrete example;
1. For chemical fertilizers, they are given subsidies for 5 years, around Rp 150 trillion in funds from the state budget. Which can be the person not far different from before and increasingly do not have the mental independent effort with creative creativity.
2. Bovine Bansos up to trillions, but the results are without proper control and evaluation. Sometimes even the cattle are sold again by the recipient community. Not bred so that more and more.
Greetings Logical Innovations 🇮🇩