Emiratisation a building block for economic success
There is no doubt in my mind that a country’s economic and social progress largely depends on its knowledgeable human capital, which is why in the UAE Emiratisation holds much importance. The engine for growth and sustaining it in the 21st century is a ‘knowledge economy’, also known as intellectual capital. All competitiveness and productivity is linked to it.
Countries who adopted and diversified a knowledge based economy achieved positive results in their economic development initiatives. It’s a concept that has an enormous impact in different areas of business. Most importantly, it has impacted the roles and responsibilities of the incumbent performing professional duties and progresses job refinement. …
Identification of innate abilities and raw talent at an academic level and then nurturing it is crucial in converting raw talent into a professional strength. This strength is the building block of a knowledge economy. Link
Millennials realize growing up is hard to do
“It all begins with the changes in economics,” Arnett says, referring to the shift to the knowledge economy. “People think about work differently. They aren’t just looking for a way to make a living, they’re idealistic about the kind of work they hope to find.” …
He says these expectations of a higher standard of living have existed since he began studying the emerging adult age group in the 1990s at an earlier stage in the knowledge economy, and these attitudes have not changed much since.
“This generation of emerging adults is amazingly affluent compared to others,” Arnett says. “They have expectations for consumption that people didn’t have 50 years ago or 100 years ago.” Link
SOUTH AFRICAN PRIVATE SECTOR URGED TO INVEST IN KNOWLEDGE ECONOMY
CAPE TOWN, aug 25 (NNN-SA NEWS) — The South Africa economy needs to make a transition to knowledge-based growth so as to boost the country’s competitiveness in order for the economy to be diversified, says Department of Science and Technology Director-General Dr Phil Mjwara.
Speaking at the opening of the 65th International Academy for Production Engineering General Assembly (CIRP) at the Cape Town International Convention Centre on Tuesday, he added that the department firmly believed that transitioning South Africa’s economy from a resource-based economy to a knowledge-based economy would contribute to addressing the diversification of the economy. Link
Fiji – Up in the clouds
Data can change the way the globe works, linking information, objects and concepts to people and affecting their lives in real time. Knowledge is power and as such having an efficient data collection and storage system is vital to this end. Understandably there is a buzz surrounding the developing of the “O Raroa” Cloud Computing Infrastructure, at the University of the South Pacific (USP), a system that offers scalable computational framework for supporting interdisciplinary data-driven applications. The initiative by USP’s School for Computing Information and Mathematical Science is expected to take data-driven research in the region to another level. Funding for this project in the amount of FJD 100K has been secured through USP’s Strategic Research Theme on ICT and Knowledge Economy. Link [If you folks in Fiji need me down there for consulting, I’m available]