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KE holds key to UK future says Cable

September 11th – Research, innovation and commercialisation of knowledge based products and services are key to British industrial future, Vince Cable [Secretary of State for Business, Innovation and Skills (BIS)] has said.    Rest

 

In a September 12th article entitled “Triumphs of the knowledge economy,” Chris Keen writes:

Britain’s technology scene has remained vibrant in the midst of a global recession. Even when there was an unavoidable sense that the road to future stability and growth looked set to be rather more turbulent than had at first seemed the case – this sector surged forward and continued to keep its sights set on gold.

In 2008, with the onset of the banking crisis, it seemed that an extended period of global recession was on the cards. What was not apparent at that stage, however, was the extent to which national economies in Europe and globally would need to fundamentally restructure and reinvent themselves to weather the storm and lead the way to growth.

A 2011 report from The Work Foundation highlighted the importance of the “knowledge economy” to Britain’s future economic prosperity, indicating that the business services, technology, pharmaceutical and creative industries have “driven UK growth for the last 40 years, contributing 66 per cent of all growth since 1970 and 7.3m new jobs since 19781.”    Rest

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KUALA LUMPUR,  (Bernama) – Frost and Sullivan Malaysia aims to add 830 employees to its Global Innovation Centre of Excellence in Iskandar Malaysia by 2020. The centre, which opened a few days ago, is the result of the strategic collaboration with the Multimedia Development Corporation (MDeC) and Iskandar Investment Bhd, that was announced by Prime Minister Datuk Seri Najib Tun Razak at Iskandar Malaysia’s fifth anniversary celebrations late last year.

Frost and Sullivan Global President and Managing Partner Aroop Zutshi said their goal was to create new knowledge-based activities and develop specialised skills that would support Malaysia’s aim to be a high-value and a high-income nation by 2020.

On the newly opened centre, Zutshi said Frost and Sullivan was happy to be part of the developments in Iskandar Malaysia. “Frost and Sullivan believes that the development of the centre here will be a real game changer for the future of the company,” he said.

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By Goldie Blumenstyk

Universities and their inventors earned more than $1.8-billion from commercializing their academic research in the 2011 fiscal year, collecting royalties from new breeds of wheat, from a new drug for the treatment of HIV, and from longstanding arrangements over enduring products like Gatorade.

Northwestern University earned the most of any institution reporting, with more than $191-million in licensing income.

The 157 universities that responded to the annual survey of the Association of University Technology Managers, released on Monday, completed 5,398 licenses and filed for 12,090 new patents. They also created 617 start-up companies.     Rest

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Business and Research Universities

William Green

A couple of days ago the U.S. House of Representatives Subcommittee on Research and Science Education held a hearing on the “Relationship between Business and Research Universities: Collaborations Fueling American Innovation and Job Creation.”  You can read more about it here, and you can also find a link to the archived webcast.

Part of the purpose of the hearing was to examine partnerships and collaborations between industry and research universities. Witnesses discussed the challenges and opportunities they face in fueling the research necessary for American economic prosperity and ensuring that universities are adequately preparing the future workforce to meet the needs of industry.

“The fundamental basic research taking place at U.S. research universities is essential to the future prosperity of our Nation,” noted Subcommittee Chairman Mo Brooks (R-AL).  “Collaboration between business and academia helps fuel research necessary for American innovation and helps prepare a workforce that meets the needs of industry.  Both are critical components to future economic prosperity and job growth.”

This hearing follows a Subcommittee hearing on June 27th featuring representatives from research universities who discussed how their universities affect national prosperity.  The National Academies’ Committee on Research Universities reconfirmed that a gap exists in industry research needs.  Industry is shifting away from conducting its own transformational and translational research and development (R&D), and is turning to relationships with academic institutions for this R&D support.

Witnesses at this most recent hearing discussed the recommendations, as they relate to industry and the collaborations between industry and universities that can support  the future of U.S. research universities.  Mr. William Green, Executive Chairman of Accenture, said that “having the talent to compete is what keeps CEOs up at night. The companies — and the countries — with the best talent win.”  Green continued, “Our national research universities are our secret weapons. They are a national asset we have invested in for decades.”

Saying that research universities have the potential to “energize the next renaissance in American economic activity,” Green compared the economic benefits of immediate job creation to that of research.  “You get a shovel-ready project, you get a swimming pool, you get a bridge; you get a research-ready project, you change how the world works and lives… The return in shovel-ready is three-X, five-X, the return in research-ready could be one thousand-X.”

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Research Universities and the Future

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Knowledge Economy Adviser?

Knowledge Economy Adviser

British High Commission


 Location : Hyderabad , India

 Experience : 5-10 Years
 Last date of Submission : 15 Jul 2012
 Compensation : As Per British High Commission Guidelines.
 Skill Set : Business Development , Monitoring and Evaluation , Programme Management
 Nature of Job : Fixed term Contract

For More Information

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GCC states seek KE

(MENAFN – Qatar News Agency) The Gulf cooperation council states (GCC) are moving towards creating concrete bases of Knowledge-based economy and industry in a nascent shift from profit-based economy to a more diversified economy, a step that has been highly considered by the GCC governments recently to achieve sustainable developments plans.

The GCC General Secretariat has accordingly decided to back scientific, technological research and stimulate innovative ideas for an even better Knowledge-based economy, making a good use of the recent innovations and new inventions for the aims of sustainable development.

The GCC industrial map, recently launched by the Gulf Organization for Industrial Consulting (GOIC) showed that many Gulf countries are heading towards enhancing Knowledge-based economy and have indeed achieved recognizable results – including Qatar, Saudi Arabia, and the United Arab Emirates.   Rest

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Tom Glocer Thinks Big

Big Think, an online content innovator leveraging multimedia tools to deliver smarter, faster, actionable learning for companies and individuals, is pleased to announce its latest investor: Tom Glocer, former Chief Executive Officer of Thomson Reuters, Director of Merck & Co., and a member of the International Business Council of the World Economic Forum. Joining the ranks of visionary venture capitalists Peter Thiel (Co-Founder Paypal, first investor in Facebook), David Frankel (Managing Partner, Founder Collective), Tom Scott (Co-Founder of Nantucket Nectars and Plum TV), Glocer’s investment in Big Think is a landmark endorsement from a widely admired corporate influencer and expert in content creation.

“Big Think transforms individual and corporate learning with its actionable content centered on the key topics necessary for success in the knowledge economy,” remarked Glocer. “I intend to play an active part in its continued success.”

Along with his financial commitment, Glocer will also make a personal commitment to Big Think by joining its Advisory Board. As a member of the board, Glocer will contribute invaluable leadership advice and strategy, helping to further expand Big Think’s position as the inimitable vanguard of the knowledge economy.     Rest

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