Section 4
SEC. 4. To carry out the provisions of the preceding section, there is hereby created a National Science Development Board, hereinafter referred to as the Board, with the following functions, powers and duties: To coordinate and promote cooperation in the scientific research and development activities of government agencies and private enterprises; With the approval of the President of the Philippines, to formulate consistent and specific national scientific policies and prepare comprehensive scientific and technological programs which shall be observed and implemented by the Government and all its subdivisions, agencies and instrumentalities; To establish a system of priorities for scientific and technological projects; To review and analyze scientific and technological projects, schedules of activities, programs and project proposals, including the progress of projects being under taken, and to take such measures as may be necessary to accomplish the objectives and policies involved in these activities; To develop a program for the effective training and utilization of scientific and technological manpower; To initiate and facilitate arrangements for scientific and technological aid from domestic private sectors and foreign sources and for the exchange of information among local and foreign institutions and scientific investigators ; To offer to, and accept from, public and private sectors, specific project proposals of scientific and/or technological research and development in accordance with section ten hereof, and to provide appropriate financial, technical and other support thereto; To establish and/or provide incentives, including financial and technological support, for the establishment of scientific and technological centers; To disseminate the results of scientific and technological research and to encourage their practical application; To grant scholarships in mathematics, science, technology and science teaching to deserving citizens; To grant financial or other awards, bonuses and/or prizes to deserving scientific, engineering and technological researchers and inventors; To pay additional compensation to scientific, engineering and technological researchers and inventors employed in the Government or its subdivisions and instrumentalities under such terms and conditions as may be most conducive towards the attainment of maximum emciency in scientific research and studies; To extend travel grants for scientific and/or technological purposes; to send delegates and/or observers to scientific and technological conferences or conventions; and to promote and assist scientific and technological conferences and conventions in the Philippines; With the approval of the President of the Philippines, to appoint not more than five science attaches with the proper scientific background and, whenever necessary, to send scientific and technological missions abroad; To undertake, in collaboration with the Department of Education, a thorough survey of the educational system and to determine, as well as to recommend to the corresponding authorities, the measures which may be necessary to make it an effective instrument for scientific advancement; To initiate and formulate measures designed to promote scientific effort and science consciousness; To submit to the President of the Philippines and to both Houses of Congress, not later than the opening of the regular session each year, an annual report on the status of the national science effort, embodying such recommendations as it may deem proper to make; and Generally, to do such other things and take such action as may be directly or indirectly incidental or conducive to the attainment of the objectives of this Act.