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India, UK, Hungary

Looking forward to attending the Washington Ideas Forum tomorrow.

Indian PM Tells Zuckerberg Social Media Creates A New Form Of Diplomacy

But if Zuckerberg and Modi’s relationship can tie Facebook and India closer together, the nation could become an even bigger market for the social network while locals gain access to the knowledge economy. That could not only connect Indians, but improve the average citizen’s quality of life. Rest

Qualcomm to invest $150 million in Indian start-ups

In an effort to push Digital India initiative, Silicon Valley-based tech giant Qualcomm on Sunday said it will invest $150 million for Indian start-ups. “We share Prime Minister Narendra Modi’s vision to transform India into a digitally empowered society and knowledge economy,” Qualcomm executive chairman Paul E Jacobs said in his remarks at a dinner hosted in honour of Modi. Rest

Knowledge economy growing 4x faster than the rest of the economy

The UK’s knowledge economy is now generating new businesses at four times the rate of the rest of the economy, according to international professional services firm, Procorre. Rest

EIB loans Hungary EUR 1.5 Billion

The European Investment Bank (EIB) is granting 500 million euros, the first tranche of an approved loan amount of EUR 1.5 billion, to Hungary to co-finance priority projects receiving support from the European Regional Development Funds and the European Social Fund within the 2014-2020 EU programming period, EIB announced on Monday. On the one hand the EIB loan will back development of the knowledge economy, particularly RDI, higher education and ICT, and on the other it will contribute to improving education and employability, health and social inclusion. Rest


We also have the strength of the partnership between India and the United States.

Indians and Americans have worked together to shape the knowledge economy. They have made us aware of the vast potential of technology.

From large corporate to young professionals in this great centre of innovation, each can be part of the Digital India story.

The sustainable development of one-sixth of humanity will be a major force of good for our world and our planet.

Today, we speak of India-U.S. partnership as a defining partnership of this century. It hinges on two major reasons. Both converge here in California. [Ed. we can support this partnership by collaborating in building KnowledgeEconomy.IN, KnowledgeEconomy.US, and others]

The full text of Prime Minster Modi’s speech can be found here



bono_zuck669-600x400As word of the new “Connectivity Declaration” spreads (see http://www.one.org/us/2015/09/26/the-connectivity-declaration-demanding-internet-access-for-all-and-implementation-of-the-global-goals/) spreads, I am reminded of Deloitte’s “Value of Connectivity” report. It was published early last year in collaboration with Facebook (they wrote the Foreword). The link to it at Internet.org is broken (ironic?) but Deloitte still has it on their site at http://www2.deloitte.com/content/dam/Deloitte/uk/Documents/technology-media-telecommunications/deloitte-uk-tmt-value-of-connectivity-tmt.pdf. valueofconnectivitygraphicWhy am I so reminded? Because the first and last sentences of the Foreword read “The knowledge economy is the future of the world economy and the Internet is its backbone” and “At our core, we believe everyone, everywhere, should have the same opportunity and ability to be connected to each other and to connect to the knowledge economy.”


Facebook’s move into education may be unexpected, but it seems to be sincere. The project has won fans at the top of the organization, including the company’s chief operating officer, Sheryl Sandberg, and its chief product officer, Chris Cox, who wrote the blog post todayannouncing the partnership. “This is personal for those of us working on the team here at Facebook,” Cox wrote. “Through our kids, our families, and the teachers in our lives, we’ve seen that there’s an opportunity to help apply our skills to the future of education, and we all wanted to find a way to help make an impact by doing what we do best — building software. With Summit, it’s starting to feel like we’ve found the perfect partnership.”

Still, there’s a nagging question of why Facebook would build what is essentially an internal nonprofit organization with seemingly little connection to its core mission. At one point, Facebook considered launching PLP as a stand-alone company working on its education efforts. But ultimately Zuckerberg decided he wanted the team to focus on building software, rather than mundane tasks like hunting for office space.


Sego sees the connection between the core of Facebook and PLP this way. “We are aligned with the broader mission Facebook has to not just connect the world, but help make those connections improve people’s lives — and in many ways, grow the knowledge economy,” he says. Rest


The U.S. Congress letter to India’s PM Modi

September 22, 2015

His Excellency Narendra Modi
Prime Minister of the Republic of lndia
152 South Block
Raisina Hills, New Delhi 110011

Dear Prime Minister Modi,

We are honored to welcome you to the United States for the second consecutive year. Under your leadership, our bilateral relationship has been revitalized and India has undergone a domestic transformation while engaging with the world and continuing to serve as a democratic model.

Your visit to the United States provides an opportunity to reflect on the effects your leadership has had on the U.S.-India relationship over the last year. We applaud your and President Obama’s commitment to the strategic partnership which has already led to several accomplishments including the Delhi Declaration of Friendship, the adoption of a Joint Strategic Vision for Asia and Pacific and Indian Ocean region, and the announcement of renewal of the ten-year Defense Cooperation Agreement.

Close collaboration between our governments has led to progress in several areas including counterterrorism, non-proliferation, cyber-security, science and technology, knowledge economy, energy, space, and health to name just a few. Rest


He has mastered social media and has more than 15 million followers on Twitter — second only to President Obama among world leaders.  And Modi has declared his intent to build a Digital India: a knowledge economy that delivers key government services electronically; all parts of the country are all connected with high-speed Internet networks; and the populace is digitally literate.

Considering that India has already become the largest growth market for smartphones and will, by the end of this decade, add more than 500 million Internet users, it is not surprising that the CEOs of Microsoft, Google, Facebook, and Adobe are lining up to meet with Modi. Rest


Tyrone Pretorius (Vice Chancellor and Rector at University of the Western Cape) – …

These two agendas must be relentlessly driven so that the continent can be competitive in the global knowledge economy. They also present a useful opportunity to investigate how a ranking system can serve as a catalyst for collaboration rather than simply promoting competition.

Collaboration is key: it will help African universities to maximise their output and impact in the context of limited resources. Universities could award joint PhDs to acknowledge and reward such collaboration.

[KnowledgeEconomy.Africa.com is available for use for this and/or similar pursuits]


India, Alaska, and Africa-Japan

India – In a bid to promote broadband growth in the country, the government is planning to link all the gram panchayats and rural areas through optical fibre cable network. Addressing the 11th National Summit e-governance and Digital India inclusive growth through digital empowerment by ASSOCHAM, Bharat Net chairman & MD Aruna Sundarajan said that the country was entering into a new era of digital empowerment. “Our digital project is a giant leap to bridge the digital divide between urban and the rural India by linking all the gram panchayats in the country through the common platform of optical fibre cable. Our vision is to transform our country into a knowledge economy.” … The vision of Digital India aims to transform the country into a digitally empowered society and knowledge economy. Link

Alaska – It’s been less than two weeks since Jim Johnsen took the helm as president of the University of Alaska. And the transition in leadership is coming at a time when the university system is attempting to streamline and rethink the way it operates. Johnsen sees an opportunity amid the dark cloud of declining state funding and budget cuts throughout the University of Alaska system. “We play the single-most important role in creating a knowledge economy in Alaska,” he said. “And, so when I look long term, that’s the bright light that I’m looking at.” He sees that knowledge economy playing a pivotal role in helping Alaska diversify an economy that has been primarily based around oil. Link

Africa-Japan – The three-day Africa-Japan Business and Investment Forum continues today with presentations on issues related to quality infrastructure for Africa’s structural transformation; special dialogue on Africa-Japan partnership; financing for growth; creating a knowledge economy; building and expanding Africa’s trade gateways; creating sustainable solutions in the energy sector; shifting the paradigm from development to agriculture led-growth. Link



UK, Rwanda, and Pakistan

In the launch document for Spending Review 2015, “A country that lives within its means”, Chancellor George Osborne sets out his ambition for Britain to become a “higher wage, lower welfare, lower tax economy that is more productive”. Rarely in postwar history has a Spending Review placed such stringent demands on Government departments – asking them to model cuts of between 25-40% of their budgets over the next few years.

CILIP [Chartered Institute of Library and Information Professionals] has responded to this challenge with a ‘Investing in the UK Knowledge Economy‘ – a set of proposals which highlight the vital role of information management, information literacy, library & information professionals and world-class research in delivering future economic growth. …

Our library, information and knowledge management professionals are a key workforce in the increasingly important knowledge economy, defined by the Economic and Social Research Council (ESRC) in their 2005 study:

“Economic success is increasingly based on upon the effective utilisation of intangible assets such as knowledge, skills and innovative potential as the key resource for competitive advantage. The term “knowledge economy” is used to describe this emerging economic structure”.

Britain is a world leader in the global knowledge economy. Link

Rwanda, UK sign deal to support basic education

The Governments of Rwanda and the United Kingdom, yesterday, signed a financing agreement worth £30.5m (about  Rwf34 billion) to support basic education programmes. … The donation will also help to deliver on improved learning and more equitable access to primary and secondary education, Claver Gatete, the Minister for Finance and Economic Planning, said during the signing ceremony. … “This grant comes to support Rwanda’s ambition of building a knowledge-based economy,” Gatete noted. Link

Knowledge economy’s importance highlighted in Pakistan

ISLAMABAD:  Knowledge economy, substantial investment in research and higher education are the pillars of development. Nations that have realised the importance of knowledge economy and invested heavily in their human resources have leaped forward.

This was the crux of a talk given by Prof Dr Attaur Rahman on “Building a knowledge economy” at the Higher Education Commission (HEC) here on Wednesday.

He described youth as Pakistan’s potential and suggested that a visionary, honest and technologically competent government can transform the country into a knowledge economyLink



U.S. – Saudi Investment Forum

Message from SAGIA Governor Abdullatif Al-Othman

Saudi Arabia has a stellar record of growth and transformation, offering a broad range of investment opportunities while growing and diversifying its economy. An exciting and a rewarding venture for those who want to be part of our journey.

Our vision is to be a leading investment destination that promotes a diversified knowledge based economy and drives sustainable socioeconomic growth.

Our mission is to promote, attract, and grow quality investments in untapped sectors while fostering an exceptional business environment.

We aim to leverage the Kingdom’s resources, advantages, and motivated human capital to emerge as a regional hub and a perfect place for globally leading and innovative enterprises both large and small.

By capitalizing on our skills, capabilities, and successful partnerships; we in the Kingdom of Saudi Arabia are confident that our promise to investors for an exceptional and a rewarding experience will be a reality.