Knowledge and technology are
the heart and mind of the global economy. The
countries that thrive will be those that encourage
their people to develop the skills and competencies
they need to become better workers, managers,
entrepreneurs, and innovators. Today’s
policy makers must extend their country’s
existing strengths through careful investments
in education, institutional quality, and relevant
technology. They must create enterprises that
are knowledgeable enough to recognize new competitive
opportunities—and skillful enough to convert
those opportunities into wealth. In short, they
must build a knowledge economy. The model is
not new. In recent years, several economies,
such as Chile, Finland, Ireland, Korea, Malaysia,
and Singapore have been its avatars. China and
India are following the same path.
Why, then, have many developing
countries been slow to identify the strands
of global knowledge that, when woven together
with unique pieces of local knowledge, will
produce the tapestry of the knowledge economy?
If the basic components of the knowledge economy
are readily available, why not appropriate them
for growth and innovation? The answer lies in
limited awareness, disincentives, and weak institutions.
Together these challenges can keep the knowledge
economy from taking root, preventing countries
from forging powerful combinations of the best
that the globe has to offer them and the best
they have to offer the rest of the globe.
Open Forum believes that Knowledge
has always been an essential force in economic
development. But in today’s increasingly
knowledge-based world, more and more countries
are embracing knowledge and innovation-related
policies to spur growth and competitiveness.
At the same time, because their institutions
are weak, many developing countries are struggling
to find ways to produce relevant knowledge and
transform it into wealth, as well as to adapt
and disseminate existing knowledge for their
development. The application of knowledge -
as manifested in entrepreneurship and innovation,
research and development, and software and product
design - is one of the key sources of growth
in the global economy. But many developing countries
fail to tap the vast stock of global knowledge
and apply it to their needs. They need not deny
themselves this vital tool for growth. By building
on their strengths and carefully planning appropriate
investments in human capital, effective institutions,
relevant communications technologies, and innovative
and competitive enterprises, developing countries
can capitalize on the knowledge revolution.
Open Forum’s Knowledge
for Development Program (K4D) helps build the
capacity of partner organizations and grassroots
communities to access and use knowledge to become
more competitive and improve growth and welfare.
K4D helps its partners and communities assess
how they compare with others in their ability
to compete in the global knowledge economy.
It has developed a four-pillar framework that
partners and communities can use as the basis
for their transition to a knowledge economy;
1) Policy analysis, 2) Learning events, 3) Knowledge
Assessment Methodology and 4) Research and publications.
Also this has to be identified that Open Forum’s
K4D Program provides policy advice to its beneficiaries
on four Knowledge Economy (KE) pillars: economic
and institutional regime, education, innovation,
and Information and Communication Technologies
(ICTs) to help them make the transition to a
KE.
The Knowledge for Development
(K4D) program of Open Forum works to raise awareness
among national policy makers of the powerful
growth effects of knowledge, to encourage economic
actors to combine global and local knowledge
to accentuate comparative advantage, and to
help leaders to build institutions that foster,
rather than discourage, individuals’ attempts
to exploit the competitive opportunities available
to knowledge-powered enterprises. K4D’s
recent activities highlights the following findings:
| • |
Knowledge
and innovation have always played a crucial
role in economic and social development.
But globalization and the technological
revolution of the last few decades have
made knowledge the key driver of competitiveness
and are profoundly reshaping the patterns
of the world’s economic growth and
activity. Both developed and developing
countries must consider their future in
a world system where knowledge is gold. |
| • |
To become successful
knowledge economies, countries must act
simultaneously on their education base,
their innovation systems, and their information
and communication technology infrastructure,
while also building a high-quality economic
and institutional regime. Strategies must
be adapted to a country’s level
of development, and progress is usually
gradual, but some countries have been
able to achieve spectacular progress in
a decade. |
| • |
Some of the countries
that have made rapid progress have staged
nationwide programs of change. Some common
points: the need to promote trust and
social cohesion around the knowledge economy
program; the need to work at the four
pillars through a combination of top-down
reforms and bottom-up initiatives; and
the need for a well communicated vision
of the future shape of the national knowledge
economy. |
| • |
The K4D program works
with the Open Forum’s Partners and
communities to design knowledge-based
strategies that leverage the country’s
strengths to attain its development goals.
It helps clients assess how they compare
with others in their ability to compete
in the knowledge economy. When asked to
do so, K4D helps to formulate policies
to carry out the knowledge-based strategies
that countries have chosen and offers
recommendations on how to develop the
capacity needed for successful implementation
of those policies and strategies. |
| • |
K4D can advise any
Partner or Grassroots Communities, regardless
of income, on its transition to a knowledge
economy, although the key issues and the
policy agenda will differ according to
the circumstances of each partner/community.
|
Taking above facts into consideration
K4D team has initiated a number of services
for the grassroots communities and partner organization.
E-radio, K4D Community TV and K4D Community
Call Centers are some of them. K4D Programme
helps communities build their capacity to access
and use knowledge to strengthen their competitiveness
and increase their economic and social well-being.
The program works with number of partners and
communities to design and develop realistic
and achievable knowledge-based development strategies.
It helps countries assess how they compare with
others in their ability to compete in the knowledge
economy and to identify appropriate policies
to help them achieve their goals. K4D also offers
recommendations for policy reform on the knowledge
economy accompanied by complementary advice
on what the country needs to do to develop appropriate
capacity to deliver on these policies.