Plenary Session 4: Innovation Economy to Quali...
[ Plenary Session IV ] ‘Innovation Economy to Quality Jobs Towards Sustainable Growth’
[Moderator] Tae-ki KIM, Professor of Economics, Dankook University
[Presenter] Jack McDougle, SVP, U.S. Council on Competitiveness
[Presenter] Reinhold Weiβ, Vice President, BIBB (Germany)
[Presenter] Phillip Brown, Professor of Social Sciences, Cardiff University (UK)
[ Description ]
As the global economy remains fragile, international community post-crisis is in urgent need of new policy designs aimed at sustainable and balanced growth of the economy and increased volume of quality jobs. The critical areas seem to be sensible, balanced government policies which can lay the foundation for innovation that leads to quality jobs and shared prosperity. Innovation and investment must be a pillar of such a new framework. The basis of competition and the nature of the economy have changed, and we should change with them. A growing economy is the only way to create quality jobs and raise people's living standards. Over time, manufacturing and services have merged, knowledge has become a key factor of production, and services we thought could only be provided in particular countries are available anywhere. New ideas are imperative to provide the global community with new jobs, new services that take advantage of our globally interconnected world, and new skills that improve our manufacturing capabilities. This session will discuss the issue on how to construct or reconstruct an innovation economy and what role of each stakeholder should play in achieving robust, sustainable and balanced growth and in creating quality jobs.
