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Innovative Asia: Advancing the Knowledge Economy

Source: ADB, 3rd May 2014

The seminar will discuss highlights from the ADB study on Asia's knowledge economies which benchmarks developing countries in Asia with advanced countries as knowledge based economies, using the four pillars – innovation, ICT, education and training and the economic and institutional regime. The underlying premise is that emerging economies in Asia can climb up the ladder of higher value added in global markets and go beyond middle income levels only by strengthening knowledge based development. This requires creating a backbone national ICT and connectivity infrastructure that offers reliable and affordable services through universal access and service programs, augmenting innovative capacity, R&D investments and commercialization of innovation, reforming education and training institutions to strengthen Science Technology, Engineering and Mathematics (STEM) education and creating industry-university collaborations and a robust economic and institutional regime that offers protection for intellectual property rights, facilitates early venture capital and boosts technology start-up companies. Eminent panelists will discuss policy recommendations for knowledge based economic development in developing Asia and their application for low and middle income countries. The panelists will illuminate policy actions required in developing member countries of ADB to advance as knowledge based economies. Specific examples of what can be considered to strengthen knowledge economies in India, Indonesia, People's Republic of China and Kazakhstan will be discussed.

This seminar is a logical follow up of the 2013 Annual Meeting seminar on knowledge economies at which a curtain raiser report on the importance of knowledge economies "Asia: The Road to Becoming a Knowledge Economy - Game of Catch-up or Game Changers" was presented.


Tateo Arimoto
Professor and Director, Science, Technology and Innovation Policy Program at the National Graduate Institute for Policy Studies (GRIPS) and also Deputy Director-General, Center for Research and Development Strategy (CRDS) at Japan Science and Technology Agency (JST)

Dan Breznitz
Munk Chair of Innovation Studies, Professor of Global Affairs and Political Science, Director of Academic Research, and Co-Director of the Innovation Policy Lab at the University of Toronto

Joong-Kyung Choi
Former Minister, Ministry of Knowledge Economy, Korea

Bindu N. Lohani
Vice-President (Knowledge Management and Sustainable Development), Asian Development Bank

Sujatha Ramdorai
Member of the National Innovation Council and the National Science and Engineering Research Board, Government of India

Tatang Akhmad Taufik
Deputy Chairman for Technology Policy Assessment in the Agency for the Assessment and Application of Technology (BPPT), Indonesia

Moderator: Sharanjit Leyl
BBC World

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