Today’s economic development business news frequently includes stories about local digital and technology start-up incubators. What’s happening here that attracts so much attention? Pure and simple, it’s driven by the ongoing quest for communities to support sustainable twenty-first century job creation.
During the industrial revolution the residents of many major cities benefited from full employment, the large employers prospered and the collective local economy thrived. Most people made a good living and the populous was satisfied. But over time, things began to change – slowly at first, the reports of unrest seemed like isolated incidents. Then it happens, the big revelation – the day of reckoning arrives.
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Tags: brazil, Center of Innovation, latin america, Rio de Janeiro, socioeconomic development, WEF
Have you ever been on a journey with someone where you’ve obviously lost your way, but they won’t let you stop and ask for directions? They refuse to acknowledge they need help. Why is that?
“Through pride we are ever deceiving ourselves. But deep down below the surface of the average conscience a still, small voice says to us, something is out of tune.” – Carl Jung, psychologist and innovative thinker
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Tags: continuous innovation, global networked economy, ICT4D, KPIs, national ranking, WEF
Can broadband lead to economic growth and employment?
This year’s edition of the World Economic Forum’s Global Information Technology Report (GITR), sponsored in part by Cisco, tackles this critical question and the answer is a decisive ‘yes’. Launched today (April 10) in New York, this year’s GITR, titled “Growth and Jobs in a Hyperconnected World”, details how 144 countries are investing in broadband and IT, and realizing benefits of economic growth and employment.
The top of the report’s Networked Readiness Index (NRI) rankings are dominated by northern European, north American and ‘Asia Tiger’ countries. Several emerging countries, however, are making significant strides: Mexico (progressing from 76th to 63rd) and Colombia (advancing from 73rd to 66th) in Latin America, Turkey (moving from 52nd to 45th) in Central and Eastern Europe, and Kazakhstan (improving twelve positions rom 55th to 43rd) and Georgia (rising from 88th to 65th place) in the CIS region.
But while these emerging countries experienced gains in their Networked Readiness, other emerging economies are not making progress in narrowing the divide. So what can countries do to boost broadband adoption in order to capture economic growth and employment benefits?
My colleague, John Garrity, and I focus on this question in our GITR chapter examining national broadband and ICT plans. (Chapter 1.3, “Convergent Objectives, Divergent Strategies: A Taxonomy of National Broadband and ICT Plans”)
We found that governments seeking to expand broadband adoption emphasize policies that focus on fostering demand as well as broadband supply. (Figure 1)
Broad-based plans are the most comprehensive and incorporate a wide range of policy recommendations on both supply- and demand-side dimensions. Examples of broad-based country plans include the United States (2010) and Qatar (2011).
Supply-driven plans focus on actions to build out infrastructure and increase broadband availability through competition and investment policies; they also include direct action to reach underserved populations. Country examples include Australia (2009), Germany (2009) and the United Kingdom (2010).
Demand-driven plans focus on intensifying the utilization of broadband and ICTs to drive economic growth such as in Morocco (2008) and Poland (2008).
A minority of plans are limited in both the supply- and demand-sides. However, even these Emergent plans are valuable as they begin a national conversation on broadband.
The taxonomy we developed (see Figure 2) establishes a common language governments can use as they develop their national broadband plan and provides a way to identify gaps in current broadband policy environments. Countries without a cohesive national broadband plan risk losing ground in terms of global competitiveness.
Read more about the GITR 2013 report, sponsored by Cisco, at http://reports.weforum.org/global-information-technology-report-2013/
Watch the unveiling of the GITR 2013 live at: http://new.livestream.com/wef/2013ITReport
Download the Cisco contributed chapter featuring our new taxonomy for national broadband plans: GITR 2013 -- chapter 1.3 Convergent Objectives, Divergent Strategies CISCO
Tags: broadband, GITR, Global Information Technology Report, Networked Readiness Index, NRI, Plans, WEF, World Economic Forum
Cisco is honored to be on the Global 100 list of the worlds’ most sustainable companies as announced today at the World Economic Forum in Davos by Corporate Knights, a Toronto, Canada-based media and investment research company.
Being recognized by Corporate Knights as a company that takes sustainability very seriously is a nice reflection of the values that our 66,000 global employees hold. We certainly want to be a successful company and a measure of that success includes operating in a sustainable and responsible manner. Cisco strongly believes in creating shared value for the communities in which we operate as well as our business.
Tae Yoo, Cisco’s Senior Vice President of Corporate Affairs commented, “We are very proud of our inclusion on the Global 100 list. Cisco is deeply committed to corporate social responsibility and utilizing the power of people and technology networks to multiply our impact on society, the environment and our business.”
Commenting on this year’s Global 100, Toby Heaps, Corporate Knights CEO, remarked, “the Global 100 are leading a resource productivity revolution, transforming waste into treasure and doing more with less. They are steering our civilization away from ecological overshoot and back to a place of balance with our planet.”
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Tags: Corporate Knights, CSR, Davos, Global 100, tae yoo, WEF
“We believe economic progress without social development is not sustainable, while social development without economic progress is not feasible.” – Klaus Schwab, Founder and Chairman of the World Economic Forum
Historically individuals and institutions have often been limited to the results of their individual efforts to make an impact. With the advent of the Internet and widespread broadband connection, however, it is now possible to efficiently join with others to act collectively -- pooling global resources and talents to solve problems too big to solve alone. This is the power of collective knowledge, creativity, and commitment in a connected age. This is what Cisco believes as we consider, plan, and execute our Corporate Social Responsibility (CSR) activities.
One way in which Cisco works collaboratively to make a global impact is by participating in events like this week’s World Economic Forum (WEF) in Davos, Switzerland. Cisco is one of the strategic partners of the event and our Chairman and CEO, John Chambers, will be speaking as part of a panel addressing Leading through Adversity on Wednesday, January 23 from 9 to 10 a.m. (CET) (midnight to 1 a.m. PST/3 to 4 a.m. EST).
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Tags: cisco networking academy, collaboration, Connecting Sichuan, CSR, WEF, World Economic Forum