[Pat Riley “gave the ball” to Ervin “Magic” Johnson and the Lakers took off – Robert Hoffman argues that Congress needs to “give the ball” to the knowledge economy so the U.S. can become fully productive]
“It’s time for our policymakers to realize that the knowledge economy — the diverse array of existing innovative businesses, along with the cadre of current and future entrepreneurs — is being underutilized and needs to become the focal point of U.S. economic growth.
The knowledge economy can begin to reach its full potential if Congress modernizes outdated immigration policies. The central reason why the knowledge economy is underutilized is simple: The current and near-future supply of U.S.-based innovators and entrepreneurs can’t keep up with demand.” Full article
Kudos to President Obama for noting the need for technology and jobs for young people in the Middle East region (see comment with Netanyahu below) and for mentioning Cisco’s program for hiring Palestinian engineers (see comment with Abbas below). You can read more here about the Palestinian Investment Commitment that Cisco has made.
From the President’s remarks with PM Netanyahu:
But the truth of the matter is trying to bring this to some sort of clear settlement, a solution that would allow Israelis to feel as if they’ve broken out of the current isolation that they’re in, in this region, that would allow the incredible economic growth that’s taking place inside this country to be a model for trade and commerce and development throughout the region at a time when all these other countries need technology and commerce and jobs for their young people, for Palestinians to feel a sense that they, too, are masters of their own fate, for Israel to feel that the possibilities of rockets raining down on their families has diminished — that kind of solution we have not yet seen. http://iipdigital.usembassy.gov/st/english/texttrans/2013/03/20130320144530.html
And from the President’s remarks with President Abbas:
I was with President Peres this morning before I came here, looking at a high-tech exhibit that was taking place in Jerusalem. And there was actually a program that U.S. — a U.S. company, Cisco, had set up, where it was hiring young Arab engineers and Palestinian engineers because they were so well qualified, so talented and there was a great hunger for those kinds of skills. Well, imagine if you have a strong, independent state that’s peaceful — all the talent that currently is being untapped that could be creating jobs and businesses and prosperity throughout this area. http://iipdigital.usembassy.gov/st/english/texttrans/2013/03/20130321144547.html
Secretary of State John Kerry and Saudi Arabian Foreign Minister Saud al-Faisal after their meeting on March 4, 2013 at the Ministry of Foreign Affairs, Riyadh, Saudi Arabia
…
So we’re working side by side to combat violent extremism, to promote more robust trade, and to strengthen the ties between the American and the Saudi people. And His Royal Highness just mentioned the 70,000 students who are studying in America. I come here today to affirm the strength of this relationship and the importance of it going forward. We are committed to maintaining our strong economic relationship and to creating more jobs. On the drive over here, His Royal Highness talked to me about the numbers of young people and the need to provide jobs for them and the work that His Majesty the King and others are all doing in order to provide for a more diverse economy here in the region. We need to do this in both of our countries. We are also working to do that in America.
Full remarks here – [emphasis added regarding movement toward a Knowledge Economy]
Dr. Mohammed Ibrahim Al-Suwaiyel, President of King Abdulaziz City for Science and Technology (KACST) received in his office today Dr. Cho Seok, The Korean Vice Minister of Knowledge Economy, in presence of Prince Dr. Turki Bin Saud Bin Mohammad Al Saud, KACST Vice President for Research Institutes.
During the meeting, Dr. Al-Suwaiyel spotted the light on the efforts exerted by KACST in fields of supporting and conducting scientific research, energizing their activities on the kingdom’s level, coordinating among the scientific research entities, universities and the private sector as well as consolidating exerted efforts; citing some of KACST’s remarkable accomplishments and its cooperation with the international research bodies, centers and institutions in the vital domain.
KACST President laid a heavy stress on the importance of scientific cooperation among the international research bodies, centers and institutions, harnessing available physical and human capabilities and trading scientific expertise and visits in the ways that best serve the strategic objectives of these bodies, centers and institutions towards the comprehensive and sustainable development as well as international competitiveness in the world of knowledge-economy.
New York: As a testament to the strength of emerging technology jobs in New York City, real estate magnate William C. Rudin says that the “Knowledge Economy,ˮ driven by young companies, will be the future of the city’s fortunes, not financial services.
BILL RUDIN
“We know New York resurgence over the past several years has contributed to our success,” Rudin said.
“Mayor Bloomberg’s investments, like the campus of Cornell on Roosevelt Island, and his support of the tech industry and knowledge economy has been very significant for our city.
The complete Real Estate Weekly article can be accessed here.
India: The “One Globe 2013: Uniting Knowledge Communities” conference was held in New Delhi, India on 7-8 February and the speakers talked extensively about the need to create a global knowledge economy with the mission to make university education more affordable.
The conference was hosted by Salwan Media, a South Asian business corporation holding a portfolio of interests in education, consumer and business information sector, and was attended by exemplary academicians, leaders and policymakers from around the globe.
According to Harjiv Singh, CEO, Salwan Media, “The three global trends that will help in realising the vision of a 21st century knowledge economy are: information, connectivity and urbanisation.”
More information about the conference can be found at One Globe 2013
… CEO Jeff Weiner upped the company’s long-term sex appeal with this statement: “One of the things that we’re increasingly focused on in 2013 is going to be the opportunity to support content marketing.”
Wait, what? What’s sexy about content marketing, you ask? Money — and potentially lots of it.
Here’s what happening: LinkedIn is ready to put on its big boy suit and become more than a second-tier social network where you go to add and maintain connections. Instead, LinkedIn wants to take its best assets — you, your 200 million peers, and the 2.4 million companies using the service — and connect them through one big knowledge exchange. Full CNET article
E-mail from Todd Park
US Chief Technology Officer
Office of Science and Technology Policy
The White House
Hello!
I’m thrilled to let you know that this morning, the White House announced Round 2 of the Presidential Innovation Fellows program – focused on nine exciting, high-impact projects. We will be accepting applications to be a Round 2 Fellow from today until March 17. Anyone interested in learning about the projects or applying should go to WhiteHouse.gov/InnovationFellows!
As you know, the Presidential Innovation Fellows program teams top innovators from the private sector, non-profits, and academia with top innovators in government to work collaboratively during focused 6-12 month “tours of duty” to develop solutions that can save lives, save taxpayer money, and fuel job creation.
We are incredibly proud of what the Round 1 Fellows have accomplished through their work on the Open Data Initiatives, MyUSA (formerly MyGov), RFP-EZ, Better Than Cash, and Blue Button for America projects, and can’t wait to see what the Round 2 class will do!
We would appreciate it enormously if you could both help raise awareness about Round 2 in general (#InnovateGov) and also encourage specific, talented individuals in your network to learn more and apply. The Presidential Innovation Fellows program offers a unique opportunity for incredibly gifted innovators to advance the public good and have an impact on a national scale. Any and all help you can provide helping us source an amazing, diverse, super-talented applicant pool would be profoundly appreciated.
Thank you again, and please reach out with any questions!
The transition to sustainable development through a new knowledge economy needs a totally new mission-based approach in India – according to the executive director at The Energy and Resources Institute (TERI) Article
The application of knowledge is now recognized to be one of the key sources of growth in the global economy. The term Knowledge Economy (KE) has been coined to reflect this increased importance of knowledge. A knowledge economy is one where organizations and people acquire, create, disseminate, and use knowledge more effectively for greater economic and social development. – World Bank Knowledge for Development (K4D)
