Asia: The Road to Becoming a Knowledge Economy

02 May 2013 (4:15 pm-5:45 pm, Hall 8, Room 2)

As one of the main drivers of competitiveness, knowledge is profoundly shaping patterns of economic growth and development. Knowing that Knowledge and innovation play a critical role in enhancing productivity, policy makers and academics agree that sustaining Asia’s growth and dynamism will require knowledge-based development. Developing countries that fail to transform effectively into knowledge-based economies (KBEs) will fall further behind more advanced countries, widening the disparities between developed and developing economies.

A panel of eminent speakers will discuss the ADB paper “Asia: the Road to Becoming a Knowledge Economy: Game of Catch up or Game Changers?” This paper acts as a curtain-raiser to the ongoing ADB study “Asia’s Knowledge Economies: Next Policy Agenda” and provides initial insights and findings from this study. The panelists will discuss what countries in Asia need to do to advance as KBEs with particular focus on KBE for inclusive growth and the ways and means to finance knowledge infrastructure. They will deliberate on how Asia's systems of innovation, education, ICT and the economic and institutional regime can be strengthened. They will discuss the role of government, the private sector and public research and scientific institutions, universities in financing and undertaking investments in knowledge assets. The panelists will explore whether low income economies can also be KBEs and whether KBE can help countries avoid the middle income trap.

Download ADB paper.

Download program.

Blog: Asia’s road to becoming a knowledge economy: A game of catch-up or a game changer?

Panelists:

K. Vaman Kamath
Non-Executive Chairman of the Board of Directors of ICICI Bank, and Infosys Technologies from India.

Bindu Lohani
Vice President, Knowledge Management and Sustainable Development, ADB

Frank McCosker
GM International Organizations WW Public Sector, Microsoft

Andrew Sheng
President, Fung Global Institute, Hong Kong

Moderator: Sharanjit Leyl
BBC