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The Education and Research Committee of the State Council in the Sultanate of Oman discussed a study titled "Scientific Research and Innovation: Priorities and Measuring the Return on Development." The meeting addressed the role of the Oman Investment Authority in evaluating research outputs and transforming them into investment opportunities, with a focus on value-added indicators such as economic return, enhancing local content, and creating job opportunities. The committee presented mechanisms for cooperation with universities and the private sector, discussed market challenges, and reviewed models of existing projects. It also recommended further promoting the localization of innovation and linking funding to developmental impact.
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