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International_Express_Intermediate_audio_scripts

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scriptsy 2008, Wednesday 8:30 AM to 11:15 AM Auditorium, Ateneo de Manila University Professional Schools Building20 Rockwell Drive, Rockwell Campus, Makati

City bySenator Edgardo J. AngaraThe world today IS one of increasingly borderless exchange of goods, capital, and labor. More countries than ever—and International_Express_Intermediate_audio_scripts

from a broader spectrum of development—are active participants in the global economy. This has brought about rapid technological change and competitio

International_Express_Intermediate_audio_scripts

n among nations.Intense global competition has driven the more able producers and entrepreneurs to expand and grow rich1 - and the less able to be swe

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scriptsowth. The true key to prosperity in today’s world is a well-educated, technically-skilled workforce producing high-value added, knowledge-intensive go

ods and services, employed in private enterprises that have the capacity to find, adapt, and adopt modern, up-to-date technology and sell sophisticate International_Express_Intermediate_audio_scripts

d goods and services in global markets/But while a few of the world’s richest countries produce the majority of scientific and technological innovatio

International_Express_Intermediate_audio_scripts

n and therefore create wealth, most of the developing world struggle to establish science and technology (S&T) as the driving force towards growth.2Fo

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scripts process, the country will develop new competitive economic activities to serve not only local but also regional and global markets. All these must in

crease productivity, wealth and standards of living that lead to economic growth and poverty reduction.Producing wealth and high value goods and servi International_Express_Intermediate_audio_scripts

ces will require an intensive effort to raise our Science, Technology and Innovation (STI) capacity.This lecture argues that science, technology, and

International_Express_Intermediate_audio_scripts

innovation have the potential to contribute substantially to economic growth and poverty reduction. Basic to the realization of this potential is educ

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scriptsts:The first part describes the advances in STI around the globe.The second part looks into other countries' experiences in applying STI to spur econo

mic growth and ease poverty. It distills the lessons learned from these countries' experiences.The third part discusses the state of STI as well as th International_Express_Intermediate_audio_scripts

e direction, strategies and efforts currently undertaken in the country.The fourth part identifies critical gaps in STI readiness and makes recommenda

International_Express_Intermediate_audio_scripts

tions for government, policymakers, universities, research and development (R&D) institutes, and industries.34LSCIENCE, TECHNOLOGY AND INNOVATION: TRE

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scriptshree decades of the 21* century.3 Such innovations will continue to fuel economic growth, especially in those countries that have given a high premium

to science and technology. Robert Solow, one of the Nobel Prize winners in economics, estimated that more than 50 percent of the economic growth in t International_Express_Intermediate_audio_scripts

he US since World War II has derived directly from technological innovation.Countries that have catalyzed technological innovations have identified pr

International_Express_Intermediate_audio_scripts

ospects in the horizon where they can accelerate and scale up processes that transform ideas to products.Japan, for instance, identified rapid and int

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scriptsation; information; health, medical and welfare; agriculture, forestry and fisheries; and transportation.South Korea forecasted materials; information

, electronics and communication: medical care and health; production; life science; energy; environment and safety: transportation: agriculture, fores International_Express_Intermediate_audio_scripts

try and fisheries: and minerals, water resources, urbanization, construction and civil engineering as areas that will experience great leaps of progre

International_Express_Intermediate_audio_scripts

ss.In the coming decades, innovations in biotechnology, information, communication and technology (ICT), nanotechnology, and neurotechnology will cont

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scriptsturist, foresees that nanotechnology4 and neurotechnology5 will be the four areas of radical innovation. Consequently, they will be the source of a hu

ge chunk of the global wealth in the next five. ten. twenty years.6 And for developing countries, biotechnology and ICT have the greatest potential fo International_Express_Intermediate_audio_scripts

r improving the quality of lives and well-being of people.Biotechnology refers to the use of microorganisms such as bacteria or biological substances

International_Express_Intermediate_audio_scripts

such as enzymes, to perform industrial or manufacturing processes.Biotechnology research focuses on gene manipulation and transfer. DNA typing and clo

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

International_Express_Intermediate_audio_scriptsrove the quality of products, and is especially critical now. The World Bank calls for a dynamic agricultural development agenda to lift the close to

1 billion people across the globe from poverty. The Bank support this year to agriculture and rural development will reach USS3.1 billion. International_Express_Intermediate_audio_scripts

EDUCATION IS OUR FUTUREJaime V. Ongpin LectureThe Sixth Jaime V. Ongpin Annual Memorial Lecture on Public Service in Business and Government16 January

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