Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force
The innovation economy has become a driving force in transforming entire industries, which has been happening at an accelerated pace. Cities are making massive investments in innovation and research and development (R&D) to support and attract...
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2019
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okr-10986-313902021-06-14T10:05:21Z Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force World Bank VALUE CHAIN SKILLS DEVELOPMENT SKILLED LABOR LABOR MARKET URBANIZATION LABOR FORCE TECHNICAL KNOWLEDGE SMALL AND MEDIUM ENTERPRISES PRIVATE SECTOR DEVELOPMENT RESEARCH AND DEVELOPMENT TERTIARY EDUCATION CONSUMER MARKET The innovation economy has become a driving force in transforming entire industries, which has been happening at an accelerated pace. Cities are making massive investments in innovation and research and development (R&D) to support and attract technology-driven industries that are leading the digital revolution and disrupting established markets. To succeed in this transformation, a strong and skilled labor force is the most crucial factor. Human capital, meaning the skills, knowledge, and experience of the labor force, is critical for future economic development and innovation.Traditionally, Chongqing has been a city of production, focusing on the application of technology rather than its development and innovation. However, while this has served the city well in the past, Chongqing’s low innovative capacity puts it at risk of missing out on future economic opportunities. This problem is exacerbated by a shortage of highly skilled labor and by a mismatch between available jobs and the existing workforce. 2019-03-14T16:12:43Z 2019-03-14T16:12:43Z 2019 Report http://documents.worldbank.org/curated/en/776761552394288543/Chongqing-2035-An-Innovation-Strategy-to-Climb-Up-the-Value-Chain-and-Create-the-Conditions-for-a-Skilled-Labor-Force-Supporting-Report-3 http://hdl.handle.net/10986/31390 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: City Development Strategy Economic & Sector Work East Asia and Pacific China |
repository_type |
Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
VALUE CHAIN SKILLS DEVELOPMENT SKILLED LABOR LABOR MARKET URBANIZATION LABOR FORCE TECHNICAL KNOWLEDGE SMALL AND MEDIUM ENTERPRISES PRIVATE SECTOR DEVELOPMENT RESEARCH AND DEVELOPMENT TERTIARY EDUCATION CONSUMER MARKET |
spellingShingle |
VALUE CHAIN SKILLS DEVELOPMENT SKILLED LABOR LABOR MARKET URBANIZATION LABOR FORCE TECHNICAL KNOWLEDGE SMALL AND MEDIUM ENTERPRISES PRIVATE SECTOR DEVELOPMENT RESEARCH AND DEVELOPMENT TERTIARY EDUCATION CONSUMER MARKET World Bank Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force |
geographic_facet |
East Asia and Pacific China |
description |
The innovation economy has become a
driving force in transforming entire industries, which has
been happening at an accelerated pace. Cities are making
massive investments in innovation and research and
development (R&D) to support and attract
technology-driven industries that are leading the digital
revolution and disrupting established markets. To succeed in
this transformation, a strong and skilled labor force is the
most crucial factor. Human capital, meaning the skills,
knowledge, and experience of the labor force, is critical
for future economic development and
innovation.Traditionally, Chongqing has been a city of
production, focusing on the application of technology rather
than its development and innovation. However, while this has
served the city well in the past, Chongqing’s low innovative
capacity puts it at risk of missing out on future economic
opportunities. This problem is exacerbated by a shortage of
highly skilled labor and by a mismatch between available
jobs and the existing workforce. |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force |
title_short |
Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force |
title_full |
Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force |
title_fullStr |
Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force |
title_full_unstemmed |
Chongqing 2035 : An Innovation Strategy to Climb Up the Value Chain and Create the Conditions for a Skilled Labor Force |
title_sort |
chongqing 2035 : an innovation strategy to climb up the value chain and create the conditions for a skilled labor force |
publisher |
World Bank, Washington, DC |
publishDate |
2019 |
url |
http://documents.worldbank.org/curated/en/776761552394288543/Chongqing-2035-An-Innovation-Strategy-to-Climb-Up-the-Value-Chain-and-Create-the-Conditions-for-a-Skilled-Labor-Force-Supporting-Report-3 http://hdl.handle.net/10986/31390 |
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1764474220311478272 |