W ith the growing use of technology, businesses are called to undertake more research in order to attain greater levels of growth and development as well as to create ecosystems in which they can thrive.

General manager and country representative for the Inter-American Development Bank (IDB), Therese Turner-Jones, said that in Latin American and the Caribbean one of the poorest performances, especially for business, is what is done with research.

“Most firms in the Caribbean region, about some 19 per cent or less than one in five, rely on any kind of research and development to grow their businesses — that’s an appalling number!”

Turner-Jones explained that this means we are stuck in doing things in a very old way, and it means we are not using technology and new information.

http://www.jamaicaobserver.com/sunday-finance/engage-more-research-for-business-growth-and-development-idb-s-turner-jones-says-the-dbj-s-nbmc-provides-a-good-platform-for-doing-this_188068