Technological development is being seen as a key factor in improving a country’s productivity, competitiveness, and growth. Since the 1980s, the increase in technological innovations, along with the influx of new entrants into world markets, has exacerbated competition between economies. From now on, the position of any country in the world economy depends on its capacity to innovate and invent.
Faced with this new global economic environment, Morocco has embarked on a process of structural transformation in order to support its technological competitiveness, implementing appropriate sectoral policies and promoting of internationally oriented professions. These ambitious sectoral strategies have reinforced the emergence of growth-oriented businesses which, moreover, have contributed significantly to the modernization of the national industrial fabric and to the strengthening of the technological content of its exports.
From Morocco World News. Story by Chaima Lahsinia.
According to the DEFP, the technological content of Moroccan manufacturing exports has improved considerably over the last fifteen years, following their structural transformation.
“The share of the former has fallen by 22.4 percent to 37 percent in 2015, against 59.5 percent in 2000, in favor of the share of medium-high-tech second-hand which increased, continuously over the period by 28 percent, reaching 46.2 percent Click here to read entire article