National Innovation System

The National Innovation System (NIS) refers to the interconnected network of institutions, organizations, and policies that foster innovation and technological development within a country. It includes universities, research institutions, businesses, government agencies, and funding entities that work together to create new ideas, products, and services. By facilitating collaboration and knowledge sharing, the NIS supports economic growth and improves a country's competitiveness in the global market. Essentially, it’s about how a nation organizes and utilizes its resources to generate innovative solutions that benefit society and the economy.