The challenges faced by 21st-century economies and societies are daunting: addressing the human and social consequences of an international financial crisis, meeting development goals, encouraging green growth, and responding to climate change, ageing societies and the knowledge economy. Education is a critical part of any response. Knowledge increases both wealth and well-being: university graduates in most countries earn more. Our research shows that people who complete upper secondary education are much more likely to report good health than those who do not. Yet education systems need to do a much better job in providing equitable education opportunities – starting in early childhood, and continuing throughout life. They need to equip people with knowledge, skills and tools to stay competitive and engaged. Education is an investment in the future. Our work on education aims to make that investment strong, effective and fair. (from the OECD work on Education & Skills brochure)
Angel Gurría, OECD Secretary-General
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“Today’s graduates play an important role in Malaysia and the global world, where the younger generation are leading the way forward. This astute and timely move is in line with the direction of the 2050 National Transformation (TN50) vision,” said Vice Chancellor of UiTM, Prof. Emeritus Dato’ Dr Hassan Said.
Adobe is also proud to partner with UiTM in their mission to produce world-class graduates that will propel the country’s economic growth as the country moves into the digital age with the vision to become a developed nation.
“With technology innovation evolving faster than any time in history, preparing students with the confidence and skills to join the knowledge economy and be successful continues to be a focus for Adobe. This partnership is a strong validation of Adobe’s market leadership in the creative space,” said Wayne Weisse, Education Director for Adobe Asia Pacific. Rest
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Qatar economy to grow by 3.5% this year: PM [2017] – [Address to the Qatar-UK Business and Investment Forum] “Our quest for a knowledge economy requires a distinct level of education, research and training, and the UK is known to be a leading country in this field,” said the Premier [Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani]. Rest
Creating a business environment for growth [2017] – By Dr. Abdulaziz A Al-Ghorairi [senior vice-president, group chief economist and head of asset management at Commercial Bank]. Qatar is experiencing a distinctive economic phase during its transition away from reliance on hydrocarbons and towards a diversified knowledge-based economy under the National Vision 2030. Rest
HBKU focuses on building Qatar’s capacity in computer science and engineering with three groundbreaking graduate programs [2016] – “Our world is evolving at an unprecedented pace, and is increasingly shaped by considerable advances in science and technology,” said Dr. Khaled B. Letaief, Provost of HBKU. “As Qatar continues its transition toward a knowledge-based economy, it will require capable professionals, versed in the latest knowledge, and equipped with an extensive skillset. The new programs launched by HBKU’s College of Science and Engineering respond to global developments, while targeting the needs of Qatar, in alignment with Qatar National Vision 2030.” Rest
HBKU Welcomes First Class In New Executive Master Program [2014] – Dr Hyafil told the students: “The HBKU Executive Master in Energy and Resources implements Qatar National Vision 2030 which aims to build a knowledge economy, through interdisciplinary learning on issues which are relevant to Qatar and the Gulf region. Rest
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The Netherlands is one of the twenty largest economies in the world and is a leading global knowledge economy. Holland has a longstanding history of invention, moving around the oceans of the world, trading with other countries. In times of global, social and economic challenges, the Dutch find ways of how innovation and entrepreneurship can continue to grow. Rest
NWO [Netherlands Organisation for Scientific Research] makes a relevant contribution to the Dutch knowledge economy and to helping solve scientific problems faced by companies as well to tackling societal issues such as energy and health. The effectiveness of this approach can be seen in the huge success of the Industrial Partnership Programmes, for example. In these programmes challenging problems from the private sector are linked to creative scientific solutions, in which the company and NWO jointly fund the research.
NWO is exploiting the emerging idea of ‘open innovation’ to foster greater cooperation with companies. The NWO Domain Science has an extensive network of experts in a wide range of physics subjects. Those experts already collaborate with companies or would like to do so. Likewise NWO maintains close contacts with companies who involve NWO in their research for a longer period of time. Rest
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by KE
on February 26, 2017
Clayton F. Ruebensaal, vice president of global brand management and design at American Express, pointed to the UAE’s Dubai as an ethnically inclusive city and an example of strong nation branding in the Gulf.
Ruebensaal called Dubai “a successful model of the knowledge economy,” citing its many special economic zones — for example the Dubai Internet City, Dubai Media City, and Dubai Design District — that have attracted foreign investors. “Sheikh Mohammed [bin Rashid Al Maktoum, the emir of Dubai] … made a big bet on creativity and sustainable global growth,” he said.
“Sheikh Mohammed [bin Rashid Al Maktoum, the emir of Dubai] … made a big bet on creativity and sustainable global growth,” –Clayton Ruebensaal
Ruebensaal noted that there is a need to “let more people know about the generosity” of the Gulf region and also about the business opportunities: “It’s quite clear that this is an economically welcoming, vibrant environment where … [one] can make a lot of money and create something exciting.” He compared the atmosphere to that of Silicon Valley. Full post
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by KE
on February 18, 2017
By 2020, the US economy is expected to create 55 million job openings: 24 million of these will be entirely new positions. And 48 percent of the new jobs, according to Georgetown’s Center on Education and the Workforce, will emphasize a mix of hard and soft intellectual skills, like active listening, leadership, communication, analytics, and administration competencies.
How can companies get a better idea of which skills employees and job candidates have? While university degrees and grades have done that job for a long time, they’ve done it imperfectly. In today’s rapidly evolving knowledge economy, badges, nanodegrees, and certificates have aimed to bridge the gap – but also leave a lot to be desired. While HR departments are eager for better “people analytics,” that concept is still fuzzy. And simply collecting data is not enough – to be used, data has to be presented usefully. Rest
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by KE
on February 17, 2017
“ADX’s commitment to promote financial stability and growth in the Emirate by maintaining the highest standards of practice in financial services inspired us to introduce a number of innovations during the past few years which are in alignment with Abu Dhabi government drive to achieve a sustainable, resilient, diversified and knowledge-based economy. For instance, ADX was the first financial market in the MENA region to adopt blockchain technology,” said Al Blooshi.
Al Blooshi’s remarks came while chairing the first session of the annual conference of the Securities and Commodities Authority (SCA) which focused on the role of financial markets in building an economy based on knowledge, innovation, and happiness. Rest
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by KE
on January 27, 2017
Hawaii Gov. David Ige says transforming schools is key to diversifying the state’s economy, and he wants to expand a program that enables high school students to earn college credits for free.
Ige also plans to invest more money on programs that support developing the state’s technology sector, he said in his annual State of the State address Monday.
“To transform our economy, we need to transform our schools, so our children can provide the brain power and fill the jobs required in a knowledge-based economy,” Ige said. “To keep them here, we need to ensure that our economy provides challenging and satisfying careers and homes they can afford.” Rest here
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by KE
on January 16, 2017
“Over the last five years, what’s been striking is that the Montana’s economy has diversified,” said Dan Lloyd, business development specialist at the Montana Governor’s Office of Economic Development. “We are a state rich in natural resources, but we are starting to see the shift.” …
Montana, and the U.S. for that matter, is shifting from a resources-based economy to a knowledge-based economy, which means communities may need to look for new ways to attract businesses.
“In traditional resources economies, businesses locate where the resources are,” said Lloyd. But in a knowledge economy, he continued, it’s based on the workforce.
“We have a quality of life (and) people want to live here,” said Lloyd. “We are seeing the shift to a knowledge economy, a service economy,” he added. “We are seeing companies conduct their businesses online. People aren’t just manufacturing widgets, they are sending bits and bytes out, it’s digital.” …
In our knowledge-based economy, “economic growth is really related to labor force.” Continued investment in our education infrastructure “ensures everything from K-12 to community colleges to 4 year universities to give people the skills they need in the 21st century,” said Lloyd. … Rest
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