Unleashing Knowledge City development by Sustained Strategic management through Smart Secured Governance

The association of the terms knowledge city conveys the conglomeration of intense scientific, technological, academic, cultural and innovation activities in urban spaces operating as engines of economic productivity

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Knowledge city is a place or an intersection where people, ideas, education, unexpectedentrepreneurial collisions, culture, community infrastructure and companies become aligned arounda shared purpose. For some, it is a collage of knowledge moments from which high-value exportsare created through technology, leadership, research and an encouraged freedom to innovate andextend beyond today’s possibilities. Knowledge cities have a symbolic agreement among allstakeholders to create “something special” and a “place where one is proud to be a resident.”

In the new era of knowledge economy, knowledge and the processes to generate it andmanage it are considered to be the most valuable assets of an organisation in the competitive businessenvironment. Today, there is aconsensus among researcher and practitioner communities that the challenges facing modern societiescall for development strategies that are knowledge-based. Such strategies could enable humankind topursue the vision of a global society in which all the basic human needs can be satisfied, whilemaintaining a healthy and physically attractive environment.

In the business world, knowledge management is considered as the process ofcreating value from the intangible assets of an organisation. Knowledge is consideredas one of the most valuable assets of an enterprise that has to be managed efficientlyand effectively in order to gain a competitive advantage in the knowledge economy era. The need for inventing and implementing efficient and effective approaches so as tomanage knowledge became apparent primarily in the world of enterprises andbusiness in general. Knowledge Management has been evolved into a strategicmanagement approach finding application not only in business but also in otherhuman organisations. Intensive discussions have taken place about the importance ofKnowledge Management for the whole society, except from the business world.It is true that all major internationaldevelopment agencies and nations with the highest levels of overall development haveadopted knowledge-based development policies.

The knowledge economy is an emergent reality for many organisations and countries. A knowledge economy is “an economy which isdirectly based on the production, distribution and use of knowledge and information”.The role of knowledge (as compared with natural resources, physical capital andlow-skill labour) has taken on greater importance.It is true that in today’s world, the knowledge production as well as the rate ofknowledge production is increasing and accelerating. Knowledge Management at the societal level is a key component for theemergence of authentic (participatory) democracy. However, unless knowledge isdistributed efficiently among the population, this participatory democracy will not be a reality.

Modern companies there are a change of focus from technology toinnovation and from innovation to innovativeness. This change is fundamental forcompanies that have to maintain a balance between innovation and high-quality,efficient production. This change is influenced by humans, manufacturinginfrastructures and the management styles required to support knowledge-intensiveforms of innovation and production. Theblurring of organisational boundaries benefits individual companies and contributes tothe health of the regional economy even the openness of companies isone of the main organisational factors of success and that insularity is an obstacle forinnovation. So, it becomes obvious that in the context of knowledge-economy era thenew key for companies and enterprises is learning and not technology. Common knowledge sets can becreated at a regional level through sector specialisation, strategically-oriented technicalresearch and a better understanding of local institutions and relationships.

Knowledge sets are developed through collective learning and “unthreaded interdependencies” and result in efficient local production networks.They propose that the classical cluster concept could be the basis for the knowledgecluster concept that is in favour of acquisition and dissemination of knowledge andincludes all actors of the innovation system in a region. Consequently, it is of greatimportance that new Knowledge Based Development approaches take into account the creation and support ofsuch “knowledge clusters”.Knowledge Based Development initiatives that make increasing use of digital technologies may createopportunities to develop knowledge networks to address a range ofdevelopment-related problems. There is a general agreement that investment in

ICTs can create opportunities for promoting sustainable development and fordeepening democratic processes, by supporting community information sharing,citizen’s access to local and global communities, education delivery, businessentrepreneurship etc. In addition, the effective use of ICTs is also expected to offeropportunities for improved governance within a Knowledge Based Development context, because ICT use canhelp to reduce administration costs, reduce the cost of service provision etc.

 

 

SECURED GOVERNANCE – An Innovative & Sustainable Development Strategy for Knowledge City

It is a concept of developing Techno Economic Corridor which will act as growth centre for an individual sector. The very concept of “Secured’’ here implies a secured convergence or knitting with various sectors defining a growth for an economy. Secured Governance offers a strategy for the land owner to get all the basic infrastructure development with a negligible investment by investor of land. As a development guideline this concept would facilitate multiple returns on investment through value and valuation of infrastructure and structured planning.

Secured governance HUBs: ‐ development of a primary economic sector for a defined region with development of Educational township which includes infrastructures such as residential complexes, official and industrial facilities, power and water, banking, tourism, transport facilities and infrastructures, healthcare, hospitality sectors, retail market, and other subsidiary sectors.

Secured governance strategies with measurable outcomes can be used to evaluate the economic well-being of the Knowledge City while giving it an impetus to impart quality Education, which in itself is a great service to the nation.

  • Research and Development centres could form one of the major new initiatives designed to facilitate investment, foster innovation, protect intellectual property, and create a conducive environment for best-in-class manufacturing infrastructure – a venture on these lines could be started in the proposed knowledge city.
  • Today’s youth hold the promise and the education sector plays a critical role in harvesting this immense potential. Innovation-led skills development is a need of the hour and robust partnerships will be needed to achieve this. For businesses, partnering with educational institutions allows them to take advantage of structures already geared to training people. The Knowledge City can invite businesses which can work within these existing training structures to develop successful and cost-effective operations. Academic-industry interaction provides a basis for removing the barriers between educators and business practitioners in a win-win environment.
  • The importance and relevance of VET (Vocational Education & Training) is being felt by everyone who includes the stake-holders of the economy. In most developed countries nearly 95% of the youth between the ages of 15 to 25 years, learn a trade or a skill or a competence, in a formal manner. This fosters employment generation, productivity improvement, and higher efficiency of the processes within the country as well as improvement in the quality of life of the citizens. The Knowledge City can create state of the art infrastructure for Vocational Training Institutions to promote Enterprise skill development and all forms of vocational education which makes a lot of sense in an economy which has purely become skills-driven. Providing tailor-made education will fulfill employment needs in the existing market place.

An ability to be agile and responsive to business needs is where the Secured Governance Developmental model can really shine.

Digital education, with the help of Information and communications technology (ICT) has now become a norm for global education sector. The Knowledge City can have facilities for providing learning in Information and communications technology to further expand their presence while bringing in extra revenue.

By Implementing Secured Governance in the Knowledge city, the extra Space given to the Educational Institutions would be utilized by worthy entrepreneurs through a transparent system of selection. It’s worth keeping in mind that upgrading existing infrastructure will have a comparable, or better, return on investment than building new capacity.

Taking pragmatic steps to develop the existing land and infrastructure with allied activities in sports, healthcare, vocational institutions, soft skill development canters etc. will catapult the entire thing into a massive growth phenomenon.

 This model will not only benefit students, attract foreign investment, retain local students, build a regional reputation by providing access to high quality education and training for both international and domestic student. When education thrives, higher productivity and faster economic growth become a norm. Investment in education under Secured Governance methodology will not only help the institutions but in the long run turn out to be a big boost to the nation’s economy.

Definition of Knowledge city

The association of the terms knowledge city conveys the conglomeration of intense scientific, technological, academic, cultural and innovation activities in urban spaces operating as engines of economic productivity. Thus, the university campus, technological district, cultural precinct, smart grid, creative neighborhood, green sector, science park and innovation HUB are often seen as knowledge – intensive areas catalyzing urban and regional competitiveness.

Surely, science, education and innovation intensity can contribute significantly to a city’s knowledge – based profile, as assumed by the Knowledge Triangle model. In between, there are many contemporary development initiatives that seem to bring together the multidimensionality of urban knowledge, such as social entrepreneurship and innovation, open dealing, green growth, happiness economics, crowd dealing, frugality and voluntary simplicity, sharing economics, crowd dealing, frugality and voluntary simplicity, sharing economies, peer – to – peer dealing, collaborative consumption, and so on.

Moreover, popular is the association of knowledge and the city with intensive information and communication technology (ICT) infrastructure. Concept variations such as digital territories and smart cities rely on extensive digital grid management and big data analysis, contributing to improve aspects of transit, public transportation, security and, in general, public service management. No doubt, digital grids have opened new possibilities to urban analysis, planning, design, management and assessment by creating distributed, real – time systems that enable fast and effective response. Furthermore, the internet has largely contributed to the democratization of knowledge, thus reducing information asymmetries and empowering individuals and groups to mobilize their ideas and initiatives.

Cultural Value Base

From a reinterpretation of economic and knowledge acts, a historical deconstruction is due to the relationship between the values of a community, its social organization, its cultural products and its knowledge base. Such reinterpretation is based on the evolution from a dominant experience of material reality to a dominant experience of represented or knowledge – based reality. Simply put, this involves shifting emphasis from the realm of things to the realm of representation of things. Such a substitution process is at the core of psychological life, knowledge – based behavior and culture. Herein lies the association of meaning from which semiotics emerges and the association of values from which economic unfolds.

 

Production & Culture

Indeed, the mechanism through which a formerly neural stimulus gains control over a given response through which a formerly neutral stimulus gains control over a given response through learning turns out to be the basis of most acquired behavior. It is through mechanism that rudimentary ideas are formed and, therefore, the building blocks of memory, learning, thinking, language, motivation and emotion.

Whereas formal education “measures potential talent or skill,” an emphasis on occupations provides an idea of how “human talent or capability is absorbed by and used by the economy.” Thus, if we want to know about differences in the levels of creative talent across cities or regions, we can compare places based on the proportion of the workforce employed in creative occupations.

Non-capital cities need to improve their strategic decision-making capacity.

The powers held by regional and local government can significantly affect the economic competitiveness of cities. For non-capital cities, success depends on maximising the opportunities based on their own strengths. Cities and city-regions need to encourage innovative institutional and individual behaviour(s). Although a supportive national policy framework is important, local decision-making capacity is vital for economic competitiveness.

Cities with more autonomy are more proactive, entrepreneurial and successful.

A strong municipal government ensured that a system was developed to attract activities and opportunities and use these to leverage from the region and local communities. Factors contributing to success have been the co-ordination and co-operation between public and private stakeholders; across government, businesses and universities.

As well as improving leadership and strategic decision-making capacity, the competitiveness of non-capital cities can be improved by other measures. In particular, it is important to:

  • Develop a diverse economic base;
  • Improve connectivity;
  • Ensure good quality of life;
  • Nurture skills and human capital;
  • Promote innovation in firms and institutions.

Knowledge-based Clusters and Economic Development

One of the basic idea that it is useful to go beyond the share of the population with a college degree as the single indicator of human capital in a region and to think more broadly about the types of knowledge that are used in the workforce. The knowledge-based metropolitan area clusters provide a convenient way to make finer distinctions about the specific types of human capital present in a region, especially in cases where levels of educational attainment are similar. More specifically, we identify the knowledge-based clusters that are associated with enhanced regional productivity and earnings, while accounting for levels of college attainment.

All this can be achieved with negligible financial investment from the government, creating profits and opportunities for the private sector, while benefitting the common public at large as state of art infrastructure is put up.

Purpose of Knowledge City

The purpose of this strategy is to outlinethe India’s contributionto the feature development of themunicipality’s knowledge capacity,culture and reputation. The strategyseeks to create a future in which theknowledge sector is better branded,better understood,valued andexperienced. In this future individualsand organisations could be better informedabout the sector and how to engagewith and benefit from it.

To achieve these aims, the strategy outlinesinitiatives that are highly collaborativein nature. The expected positive goal that it’s most effective contribution need to be unify, coordinate and integrate existingknowledge sector support and promotionactivities and explore opportunities fornew ventures where there is demand.

Roles of Knowledge City

Within this contribution, the nationhas adopted four principalroles in its engagement with theknowledge sector.

Promoterto position the India as the nation’sknowledge capital and raise awarenessof its public and sectorial strengthsand opportunities.

Leaderto lead by example in innovation,knowledge transfer and related knowledge sector activities.

Partnerto use existing networks toinvolve the knowledge sector in the implementation of initiatives.

Enablerto assist the growth of emergingbusinesses by providing infrastructure, information, financial support andconnections to networks.

These roles and their associated actionshave been developed so that our nation can contribute to:

  1. Growth of knowledge-intensive activities;
  2. Retention and attraction of knowledge talent, firms and investment;
  3. Local, national and international recognition of the knowledge sector’s strength and value.

Strategic plans need to be developed and structured for usingthe principal roles.

Strategic Partnerships in the field of Education and Training &Development:

Strategic Partnerships between Academia and Industries aim to support the development, transfer and/or implementation of innovative practices as well as the implementation of joint initiatives promoting cooperation, peer learning and exchanges of experience at global level. Projects are expected to develop innovative outputs, and/or engage into intensive dissemination and exploitation activities of existing and newly produced products or innovative ideas. Such Partnerships are open to all areas of education and training & development.

The core aim of education partnership is ….

  • Developing basic and transversal skillsin all fields of education, training and youth, using innovative and learner-centredpedagogical approaches and developing appropriate assessment and certification methods;
  • Developing new approaches to strengthen the education and training paths of prospective and practicingeducators/youth workers; equipping them with all competences and skills needed to deliver high qualityservices and address increasingly diverse needs;
  • Enhancing digital integration in learning, teaching, training and youth work at various levels: promotingaccess to and learning through Open Educational Resources (OER); supporting ICT-based teaching,training and youth work, as well as ICT-based assessment practices. In particular, supporting teachers,trainers, educational staff and youth workers in acquiring or improving the use of ICT for learnng andrelated digital competences; supporting organisations active in education, training and youth review theirbusiness models;
  • Supporting innovative projects aimed to reduce disparities in learning outcomes affecting learners fromdisadvantaged backgrounds/with fewer opportunities –including learners with disabilities.

Conclusion

The knowledge – cities provide a useful system for organizingmetropolitan areas based on the region’s economic identity and the types of cognitiveskills used by workers.Regional analysts and policymakers can use these clusters to identify “peergroups” with similar knowledge profiles for the purposes of benchmarking or comparingthe types of government programs and infrastructure available to support closely-relatedeconomic activities.

Economic Activity: Knowledge city could promote exports and additional revenue to public and private stakeholders;

Employment: The city could generate around 1 million jobs;

Competitive Advantage: Boost Rajasthan’s chances in the Global Knowledge economy and place it at par with comparable entities such as Singapore.

Local Benefits: Expand the State’s economy through indirect effects, improve the educational sector and transfer technology to improve the daily lives of citizens.

Finally, the knowledge cities are especially helpful in explainingdifferences in the measures of regional economic development across metropolitan areaswith similarly high shares of higher education attainment. Places that are dominated by largeuniversities, regions that are noted for vibrant innovativeeconomiesand key engineering and technology centers.


 

 By Dr.Subodh Kulkarni,      

Global Education and IT expert

                    

 

 By Dr. P. Sekhar            

Chairman of Global Smart Cities Panel, Micro Tech Global Foundation

 

Summary
Article Name
Unleashing Knowledge City development by Sustained Strategic management through Smart Secured Governance
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The association of the terms knowledge city conveys the conglomeration of intense scientific, technological, academic, cultural and innovation activities in urban spaces operating as engines of economic productivity
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THE POLICY TIMES
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