Ministry for Knowledge Economy
geschreven door Jörgen Sandig
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South Korea was the first country in the world to introduce a ministry for Knowledge Economy. This ministry could be compared to the ministry of Economic Affairs in other countries.
10 Dec 2008 - 6:37, 1631x gelezen | 0 reacties | Management
The recession is unavoidable. The call for extra governmental investments is becoming stronger every day. I hope a plan comes together with those financial injections. Take an example at South Korea. South Korea was the first country in the world to introduce a ministry for Knowledge Economy. This ministry could be compared to the ministry of Economic Affairs in other countries (Korea doesn't have one), but with an interesting scope.
The Ministry of Knowledge Economy will implement a policy to create about 18,000 new jobs in cutting-edge industries, including bioengineering, robotics, LED lighting, and green energy industries next year. First of all, the ministry will invest 383 billion won (210 million Euro) in the future-oriented, cutting-edge industry to expand four key projects on bioengineering, robotics, RFID/USN, and LED lighting, and support their R&D with a view to creating about 5,800 jobs.
In the bio-industry, the ministry will build infrastructure by expanding strategic R&D investment and fostering environment-friendly bio-chemistry that can substitute petro-chemistry. In the robotics industry, it will expand R&D in robotics and pilot projects and increase demand for robots. The ministry will also push ways to train robotics technicians. And in the RFID/USN and LED sectors, it will expand pilot projects, overhaul laws and systems, and create market demand, while building clusters and training professional technicians.
(source: www.korea.net)
Countries and companies with a clear vision on innovation and a drive to make a difference compared to the competition will be the winner of the future. Companies and counties without this focus tend to lean on past success and will eventually have to change but will be to late with the necessary changes. According to me General Motors is such an example.
The Ministry of Knowledge Economy will implement a policy to create about 18,000 new jobs in cutting-edge industries, including bioengineering, robotics, LED lighting, and green energy industries next year. First of all, the ministry will invest 383 billion won (210 million Euro) in the future-oriented, cutting-edge industry to expand four key projects on bioengineering, robotics, RFID/USN, and LED lighting, and support their R&D with a view to creating about 5,800 jobs.
In the bio-industry, the ministry will build infrastructure by expanding strategic R&D investment and fostering environment-friendly bio-chemistry that can substitute petro-chemistry. In the robotics industry, it will expand R&D in robotics and pilot projects and increase demand for robots. The ministry will also push ways to train robotics technicians. And in the RFID/USN and LED sectors, it will expand pilot projects, overhaul laws and systems, and create market demand, while building clusters and training professional technicians.
(source: www.korea.net)
Countries and companies with a clear vision on innovation and a drive to make a difference compared to the competition will be the winner of the future. Companies and counties without this focus tend to lean on past success and will eventually have to change but will be to late with the necessary changes. According to me General Motors is such an example.
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