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Innovation at a crossroads after pandemic – UN

GENEVA: Funding for innovation swelled during the Covid-19 pandemic, with significant growth in developing countries, the UN said Thursday, warning though that the current geopolitical turmoil was threatening the advances.

In a fresh report, the UN's World Intellectual Property Organization (WIPO) found that research and development spending and other investments that drive innovative activities continued to boom last year despite the still-raging pandemic.