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KE Target for UAE

The UAE aims to grow its “knowledge economy” enough to be worth 5 per cent of GDP by 2021, according to a senior minister.

Sultan Al Mansouri, the Minister of Economy, said he expected growth in high-tech information industries over the next decade.

Knowledge economies are cited as a key element of developed markets and refer to industries that deal with intellectual capital rather than tangible products or natural resources.

“Hopefully by the year 2021, 5 per cent of the UAE GDP will be contributed by the knowledge economy,” said Mr Al Mansouri.  Rest

Minister Al Mansouri, KnowledgeEconomy.com can be of assistance in reaching this 2021 goal!

Cleveland KE Workers

More than any other city in America, Cleveland is a joke, a whipping boy of Johnny Carson monologues and Hollywood’s official set for films about comic mediocrity.

But here’s what else is funny: According to a recent analysis, the population of downtown Cleveland is surging, doubling in the past 20 years. What’s more, the majority of the growth occurred in the 22-to-34-year-old demo, those coveted “knowledge economy” workers for whom every city is competing. Pittsburgh, too, has unexpectedly reversed its out-migration of young people. The number of 18-to-24-year-olds was declining there until 2000, but has since climbed by 16 percent. St. Louis attracted more young people than it lost in each of the past three years. And as a mountain of “Viva Detroit!” news stories have made clear, Motor City is now the official cool-kids destination, adding thousands of young artists, entrepreneurs and urban farmers even as its general population evaporates.  Rest

Canada Wants KE Immigrants

Last year, Canada brought in 156,000 economic immigrants and their dependents, along with 191,000 temporary workers, and many more would like to follow suit. But are they the cream of the 640 million global migrants seeking a new home every year?

As countries jockey to lure the most creative and skilled employees – the ones who will drive the knowledge economy and energize its aging society – Canada can’t simply wait for them to appear. It must step up the effort to sell the Canadian brand around the world – to get those with the most talent to see it not just as a land of tolerance for diversity, but as a nucleus of economic opportunity.  Full article

Florida’s Focus & more

Gov. Rick Scott announced Friday that he was creating a task force to reform higher education in Florida.  “The state has a vested interest in ensuring its higher education system produces world-class talent to serve as engaged citizens and meet the demands of Florida’s emerging knowledge-based economy,” said Scott in a a statement. “It’s time to assess the progress of prior reform efforts and identify strategies to improve efficiencies and enhance the system’s effectiveness as an economic catalyst.”  The Blue Ribbon Task Force on State Higher Education Reform will focus its attention on the State University System’s governance model, mainly the interaction between the Board of Governors and individual universities. Final recommendations are due October 31.  Read more here: http://www.miamiherald.com/2012/05/04/2783123/gov-rick-scott-creates-task-force.html#storylink=cpy

 

Abu-Ghazaleh Stresses Significance of Knowledge Economy in Creating New Demands in the Job Markets [Jordan]

Kevin Reilly, President of the University of Wisconsin System, talks about university involvement in winning the international economic competition through the knowledge economy

Universities play key role in Kingdom’s [Saudi Arabia's] transition to knowledge economy

IBM and the Philippines

MANILA, Philippines, May 3, 2012 — IBM and the Department of Science and Technology (DOST) of the Republic of the Philippines today signed a Memorandum of Understanding (MOU) to work together to establish the first Philippine Systems & Technology R&D Laboratory to help spur economic growth.
The R&D Lab is aligned with Philippines’ strategic growth initiative that calls for greater partnering between industry and government to advance four critical areas for the country: business process outsourcing, governance for anti corruption, talent development, and innovation for a knowledge-based economy. Touching on all four pillars, the new R&D Lab will strive to contribute to the productivity of the Filipino people and improve their quality of life through the generation and promotion of strategic technologies and expertise.  Rest

Complementary industries

Zhang Yansheng, Secretary-General of the Academic Committee of China’s National Development and Reform Commission - The fourth round of the China-U.S. Strategic and Economic Dialogue (S&ED) started Thursday morning in Beijing. Among the many important topics of discussion at the talks, creating ways to enhance complementary cooperation between the industries of both countries must surely be the most important.

Complementary industries create a basis for cooperation

At present, Chinese industry is still in the era of the industrial economy, while the U.S. has entered the age of the knowledge economy. The two countries’ industry structures appear to complement each other perfectly and there are a number of reasons why it is important that they do so and continue to do so.  Rest

Broadband Oxygen of Knowledge Economy: Microsoft VP

The possibility of using TV white spaces for multiple uses has moved from “no it can’t possibly happen” through to “maybe” and now to the “it’s gonna happen” stage, Dan Reed – Vice-President of Microsoft’s Technology Policy Group – told the Cambridge TV White Spaces Trial Summit.

Supported by Cambridge Wireless, the summit marked the end of 10 months of comprehensive testing in urban and rural areas in and around Cambridge by the Cambridge TV White Spaces Consortium, which comprises 17 international and UK technology and media companies.

Delegates heard from members of the consortium along with experts from Germany, Singapore and the US.

“There’s a real buzz and excitement around the hallways here about how far we’ve come,” said Reed at the event at Duxford.

“Today is an important milestone. It’s been a technical, political and social success.”  Rest

Focus on Education

Tomorrow U.S. Senator Jim DeMint (R-S.C.) is partnering with South Carolina Governor Nikki Haley, Speaker of the House Bobby Harrell and SC Superintendent of Education Mick Zais to host the Empower South Carolina Education Reform Summit in Columbia, SC.

The event will begin with a lunch featuring former Florida Governor Jeb Bush, Founder of the Foundation for Excellence in Education, as the keynote speaker and will continue throughout the afternoon with various informational sessions and networking opportunities.

Attendees will join education policymakers and opinion leaders from around South Carolina and the nation to learn about important developments and best practices in education reform, grow South Carolina’s network of education innovators and strategize on the path forward for empowering students.

The Empower Summit will be held at the Columbia Convention Center.

CIOs Driving the KE

ABU DHABI: Insead, the leading international business school, in partnership with Cionet International, has announced the winners of the 2012 European Chief Information Officer (CIO) of the Year Award.

Presented by EU Commission Vice-President Neelie Kroes, the awards recognize the success of CIOs who have increased their organization’s competitiveness by using Information Technology (IT) to increase efficiency, and to pioneer new products, services and business models.

Insead eLab, the school’s Center of Excellence for research on the global knowledge economy, and Cionet collaborated to select three winners from a field of 13 prominent finalists, identified by the country offices of the Cionet network.

The top three were selected by a panel of judges from Insead and Cionet in the following categories: Technology-driven CIO, Business process-driven CIO, and client-driven CIO.   Rest

Recent News

2012-03-27  Minister of Economy and Planning Mohammed Al-Jasser has emphasized that the Kingdom’s huge spending on education and training is part of boosting its strategy to move into a knowledge-based economy. ”The Kingdom is exerting continuous efforts aimed at realizing a knowledge-based economy as it sees this as the best strategy toward achieving sustained development based on technology and innovation,” he said. The minister made the remarks during his meeting with a South Korean technical delegation at his office here on Monday. The delegation has been in the Kingdom to present their advice and offer expertise with regard to the preparation of the Kingdom’s strategy to transfer to a knowledge-based economy and society.  Rest

2012-03-14  The Department of Economic Development (DED) in Abu Dhabi is developing an Abu Dhabi Innovation Index. The index, which is being developed in collaboration with INSEAD International Business School, will monitor and follow up the progress being made by the emirate towards becoming a knowledge-based economy by 2030. It will also identify the potential gaps in the process of economic transformation, said Mohammed Omar Abdullah, undersecretary of the DED, at a knowledge management conference in the Capital.  Also, the department is currently working on developing a joint work programme in cooperation with its associated partners through a series of interactive workshops in order to shed light on the objectives of the knowledge-based economy pivots; and then determine the nature of the respective roles of each party and how to achieve the maximum possible use of their contributions, he said. Abu Dhabi adopted a vision aimed to bring about a turnaround in the structure of the emirate’s economy, directed towards a more knowledge-based economy.  Rest

2012-03-21  India will modernise and digitally link nearly 9,000 libraries across the country in a bid to provide readers access to books and information, Prime Minister Manmohan Singh said. … Noting that the Mission cannot succeed through government efforts alone, Singh said resources available in the community, private sector and non-governmental organisations will have to be roped in to meet these objectives. … The Prime Minister noted that for decades development economists would say that India’s population was its curse. Today, as many developed economies grapple with the challenge of ageing, the world has come to recognise that India with its youthful population and skilled manpower has the capability to bridge the human resources gap in the global knowledge economy, he said. … “If we can achieve what we have set out to do, then we can create a huge asset pool in this new knowledge based world,” he said adding that India could fuel the engines of growth of the global knowledge economy. Full article

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