Friday, September 12, 2014



IWS Documented News Service


Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau


This service is supported, in part, by donations. Please consider making a donation by following the instructions at


Asian Development Bank (ADB)




[full-text, 112 pages]



This study outlines policy actions required in developing countries of Asia to advance as knowledge-based economies. The study uses the four pillars of the Knowledge Economy Index to benchmark the performance of developing economies in Asia against advanced economies of the world. It analyzes opportunities by which Asia’s middle and low income countries can tap new technology trends to move up global value chains and towards high-income levels.


Developing Asia at present has multiple opportunities and pathways to pursue Knowledge-Based Economy (KBE) development. Each economy needs to shape its priorities and pathways based on its own factors and unique attributes. This report suggests that there are three general ways in which emerging economies of Asia and the Pacific can pursue KBE development in the current times:

·         The first is learning from the KBE journey of advanced economies and making appropriate investments to catch up on lags and gaps and undertake policy reforms. This report benchmarks the state of play of the four pillars of the KBE in selected economies of Asia. The KBE journey of advanced countries, particularly the Republic of Korea, Finland, and Singapore, and key milestones of policy development are discussed to draw specific lessons for developing Asia;

·         The second is exploiting the unique strengths and advantages of the Asia and Pacific region by pursuing strategies that amplify such strengths. These include demographic advantages of youthful populations in some of the countries, a large and growing middle-income population and expanding domestic consumer markets, competitiveness in the services sector and creative industries, and strong capabilities in IT and IT-enabled services; and

·         The third is leveraging game-changing trends in technology and business processes that can accelerate KBE development and enable emerging economies to even leapfrog technology cycles and catch up with the latest, such as putting mobile technologies to use more strongly for development, investing in cloud computing, using IT in manufacturing, and speeding up innovations for bottom-of-the-pyramid markets.


·         Executive Summary

·         Introduction

·         Measuring Knowledge-Based Economies

·         Why Does Asia Need Knowledge-Based Economies?

·         Asia’s Relative Position in the Global Knowledge Economy

·         Learning from Advanced Economies

·         The Four Knowledge Economy Pillars: the State of Play in Developing Countries of Asia

·         A Possible Road Map for the Knowledge-Based Economy in Emerging Economies of Asia and the Pacific

·         Conclusions and Way Forward

·         References



This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.










Links to this post:

Create a Link

<< Home

This page is powered by Blogger. Isn't yours?