The big investment for the future MILLWOOD KANE INTERNATIONAL
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The third meeting on strategic planning for the future, took place on the 12th December 2018 at the EU House, Nicosia. Subject for this meeting was Research and Development in Cyprus.

The welcome speech was once again given by Mr Lerotheos Papadopoulos, Head of the European Commission Representation in Cyprus, he welcomed the panel and audience, giving an insight to the level of importance this area has to the European Union, and how programmes designed by the European commission will assist this sector to further develop and succeed, but his words were also for the sorrowful and tragic events at Strasbourg and the victims.

The Debaters:

Prof. Philippos Patsalis, President of the National Board of Research and Innovation

Mr Kyriacos Kokkinos, Chief Scientist, member of the National Board of Research and Innovation

Mr Achilleas Demetriades, Lawyer and Strategic coordinator for the ‘Idea’ programme

Prof. Philippos Patsalis, stressed the need for Cyprus to create a new model for Research and Innovation, to sustain stability and growth in the country, creating jobs, exports, business competition, better education, investment, health and environmental stability.

What is it we need, to accomplish these goals?

To start from the lowest level (i.e. schools) of education and implement the necessary skills and bring them to the level and be used by everyone, including the private sectors. The Cypriot culture needs to be changed, starting from the home, how parents relate to their children.

Why is Cyprus behind?

Before 20 years ago there was no research being done in Cyprus, it just did not exist. We have come a long way since then, but it is necessary to increase the investment.

Then we must implement our research into businesses and use the results to grow.

Mr Kyriakos Kokkinos kept his speech short and to the point. “We have all the required tools at our disposal, only they are all going into different directions, a plan must be formed to bring all this knowledge together, the knowledge does now exist in Cyprus, but only one complete structure which includes everyone is needed, to succeed. He was positive that this can be achieved for the future generations”.

Mr Achilleas Demetriades, pointed out some of the daily occurrences in Cyprus, which do not help the growth of Cyprus, i.e. internet availability, subjects taught in schools, these can be changed by learning from the way the new generation thinks, this will give the necessary knowledge to form better research and implement it, further into the necessary sectors. He believes that the 0.5% GDP, we have now needs to grow to 1% in the next 5 years and 1.5% - 2% in 10 years.

There were many research companies in the audience, who shared their views on this matter, but the conclusion was that more collaboration between parties is required, to further the research and development sector to stimulate the islands development.

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