SRI LANKA - Ministry of Finance and Planning

Table 5.4.1. Major Issues, Long-term Policies and Strategies
Issue Policy Strategy
Lack of adequate human capital for
research, development and innovation in
high-tech areas
Decreasing trend of science students in
public schools
Lack of entrepreneur supportive research
institution network
Inadequate level of high end technology
exports in Sri Lanka
(Present level is 1.5%)
Development of human resources in
high-tech areas
Attract students at all levels to science
education
Create entrepreneur friendly research
institutes
Increase advanced technology initiatives;
Electronics, IT, Telecom, Biotechnology
and Nano Technology
n
n
n
n
n
n
n
n
n
n
n
n
n
n
Meet the demand of research and
innovation in private and state sectors
Attract more young graduates to
research careers
Recognize difference between
researchers and university academics.
(Nearly 5-10% of university academics
are engaged in research)
Attract senior researchers and
innovators through appropriate
incentive schemes to reverse brain
drain
Upgrade the Planetarium, ICT platform
for rapid dissemination of knowledge
by granting free internet access
Set up a Science Museum or an
Exploratorium
Science Centres to inculcate scientific
awareness
Ensure the protection of patent rights
of the entrepreneur
Create a financial and technical
supportive environment for new
entrepreneurs
Establish e-life centres and IT centres
in 10 Divisional Secretariats to link Sri
Lankan youth to the world
Establish a Center for Technology and
Chartered Institute for ICT
Establish a National Space Research
Centre
Give the high priority to invite FDI with
high-tech and exchange of personnel in
hi-tech areas
Technical collaboration with foreign hitech
industries in transferring advanced
technology
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