Remarks at Building Science, Technology and Innovation Conference, Washington, D.C., February 14, 2007

Paul Wolfowitz, President of the World Bank, convened a forum to discuss strategies, programs, and policies for building science, technology, and innovation (STI) capacity to promote sustainable growth and poverty reduction in developing countries. He remarked that if you want to deal with poverty,...

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Bibliographic Details
Main Author: Wolfowitz, Paul
Format: Speech
Language:English
en_US
Published: 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/02/25926229/building-science-technology-innovation-conference-washington-dc-paul-wolfowitz-president
http://hdl.handle.net/10986/24903
Description
Summary:Paul Wolfowitz, President of the World Bank, convened a forum to discuss strategies, programs, and policies for building science, technology, and innovation (STI) capacity to promote sustainable growth and poverty reduction in developing countries. He remarked that if you want to deal with poverty, you better keep science and technology and innovation, maybe especially innovation, in the picture. Education is a major ingredient of success, and investing in people, what economists like to call human capital, is one of the biggest contributors to growth and poverty reduction. Wolfowitz focused on upgrading technology and capturing the latecomer’s advantage; the role of research and development; and reversing the brain drain.