Islamabad March 4, 2020 – Knowledge has always been the core component of any
country’s vision and policies for comprehensive progress. The contemporary era
is, however, witnessing an unprecedented speed of the phenomenon, making
knowledge an even more essential constituent in rapid economic development,
characterised by close linkages between innovative evolution and considered
investments in R&D and education. In the context of greater emphasis being
placed in Pakistan on developing a strong knowledge economy, the NUST Institute
of Policy Studies (NIPS), the university-based think tank, organised a
high-level national seminar on “Knowledge Economy: The Path to Speedy and
High-Quality Growth,” at the university’s main campus here on Wednesday.
The seminar featured
two high-level interactive sessions dealing comprehensively with the key
components of value in the field of Knowledge Economy – built upon the 4 key
pillars of Human Resource Development, Economic & Institutional Regime,
Innovation, and Advanced Information & Communication Technologies – and
sought rational approaches of strengthening the dynamic interplay between these
Mr Asad Umar, Federal
Minister for Planning Development & Special Initiatives, shared his valued
assessments on operationalising the Quadruple Helix Model of innovation for knowledge
economy: moving up the value chain from infrastructure-led to innovation-led development.
He exhorted academics and researchers to align knowledge creation and
innovation with real world problems, and stressed the need for building
indigenous capabilities in terms of technological advancement and human
resource development, so as to reduce and eventually eliminate foreign
dependency. Advisor to the PM on Digital Pakistan Initiative, Ms Tania Aidrus,
elaborated on her vision of “Fostering Digital Pakistan Vision as a Powerful
Initiative for the Development of Knowledge Economy.” Chairman PM Taskforce on
Knowledge Economy, Dr Atta-ur-Rahman, presented salient prospects of
“Leveraging Science & Technology for Building National Innovation Systems
in the 21st Century and the Roadmap to kickstarting Knowledge Economy.”
Chairman HEC, Dr Tariq Banuri, talked about “The role of HEC towards National
Development and Growth” and shared his thoughts on transforming this sector to
embrace innovation-led development and accelerate knowledge-based economy.
speakers that included Chairman Kohinoor-Maple Leaf Group Mr Tariq Saeed
Saigol, and CEO APIMatic Mr Ameer Hassan, delivered talks on “Overcoming the
Challenges of Industrial Upgradation in Pakistan to Transform it to Knowledge
Economy” and “A Case Study on Successful Startup – A Model for Innovation and
Entrepreneurship," respectively. The latter shared with the audience that
his company boasted some of the Fortune 500 companies as clients.
in his welcome address, Lt Gen Naweed Zaman, HI (M), (Retd), Rector NUST,
asserted that it is but an undeniable fact that the coming era will belong to
those nations that have mastered the art of transforming knowledge into
economic value. He highlighted some of the significant NUST initiatives – such
as the establishment of Pakistan’s first Sciences & Technology Park at the
university’s Islamabad campus – to contribute to achieving financial
self-sustainability for the country through building the knowledge economy.
An overall consensus
was achieved on the establishment of world-class centres of learning, policy
reforms directed at strengthening the research base, and formation of a
national hi-tech culture that creates, disseminates, and uses knowledge to
enhance Pakistan’s sustained growth and development.
The event was
attended by a large number of senior government officials, policymakers, higher
education leaders, academic experts, eminent industrialists and corporate
personalities, public and private innovation managers, think tank specialists,
entrepreneurs, scholars, and students.
March 4, 2020