Popovic: Innovations budget double that of last year

Serbian Minister for Innovations and Technological Development Nenad Popovic says the 2019 budget for innovations and technological development is double that of last year.

15 Jan 2019 14:00

NOVI SAD - Serbian Minister for Innovations and Technological Development Nenad Popovic says the 2019 budget for innovations and technological development is double that of last year.


Investments into science and technology parks, innovation start-up centres and other projects are continuing, he told the RTV Monday.


"In 2018, Serbia climbed from the bottom to the middle of the list of Europe's innovative countries," Popovic said, adding that, according to the latest European Commission report, Serbia ranked higher than as many as nine EU member states.


It is thanks to Serbia's IT sector and innovative technologies that the country's exports rose 30 pct last year compared to 2017, he said.


"We have more proposals in the innovations and technology sector than we have money. Our engineers are our biggest resource and the problem is that many are leaving the country," he said.


Tanjug file photo

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