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GES Taipei Workshop 2015 – Encouraging Inclusive Growth


The GES Taipei Workshop took place at Le Meridien Taipei on June 16, 2015 and was hosted by the Industrial Technology Research Institute. While Innovation and high-tech start-ups gradually become the main drivers of economic growth in many countries in the world, they seem to be often accompanied by increasing inequality among different social groups as to their ability to profit from the new innovations and new wealth. This raises public concerns that need to be dealt with appropriately. Hence the GES Taipei Workshop 2015 was organized under the overarching theme “Encouraging Inclusive Growth” and its intentions were to link innovation to inclusive growth. It aims at clarifying the complex relation between innovation and inclusive growth and, in particular, at exploring how innovation activities can be designed and carried out to encourage long-term prosperity with social inclusion – both within and across countries.

More information on the workshops discussions and the proposed solutions can be found in the Workshop Report (PDF).

Contact

Cornelia Gold

Kiel Institute for the World Economy

Download

Handbook of the GES Taipei Workshop 2015

Report of the GES Workshop Taipei 2015

Taipei

 

Program Overview


Keynote speech:

  • Arno Metzler, Vice-President (Group III) of the European Economic and Social Committee.


Speeches:

  • Technological Standards and Innovation, Reiko Aoki, Executive Vice President, Kyushu University
  • Financial Innovation in China's Commercial Banks, Qi Liang, Dean, School of Economics, Nankai University
  • Inclusive Growth in Taiwan and Beyond, Albert Ting, Chairman, CX Technology Corp.


Sessions:

Session Promoting Innovation to Achieve Inclusive Growth
Session Encouraging Regional Inclusive Growth through Joint Innovation Cooperation


 

Session

Promoting Innovation to Achieve Inclusive Growth

Promoting Innovation to Achieve Inclusive Growth“Inclusive Growth” refers to sustained economic growth while at the same time improving equal access to opportunities among (groups of) individuals and reducing income disparities (ADB 2011). In this way, it enables individuals to enhance their living standards and promotes mobility across different social groups.

A key driver of long-term economic growth is “innovation”. It creates new jobs and potentially raises productivity growth to support an upward development of wages over time. Innovation is multifaceted and can be carried out in various forms e.g. product and service innovation, business model innovation, organizational innovation and institutional innovation etc. Impacts of innovation on economic growth can be direct, indirect or be realized via spillover effects of innovation engagement and outputs. However, how innovation-driven prosperity can encourage inclusive growth is still unclear and needs to be clarified in more detail.

Can innovation support inclusive growth? How could innovation be incentivized to increase prosperity and simultaneously better consider issues like income disparities and unequal access to opportunity? What kinds of innovation activities are expected to play a key role in this regard? Would it be government’s institutional and policy innovation or would it be innovation activities of firms such as organizational innovation? How could government’s institutional innovation strengthen innovation engagement of firms to power economic growth with social inclusion?

Moderator

Chung-Ming Kuan, Academician, Academia Sinica

Panelists

Tristan Ace, Global Partnerships and Development Manager, Social Enterprise, British Council
Douglass Carmichael, Strategy Consultant, Institute for New Economic Thinking
Do Hoon Kim, President of the Korea Institute for Industrial Economics and Trade


     

    Session

    Encouraging Regional Inclusive Growth through Joint Innovation Cooperation

    Encouraging Regional Inclusive Growth through Joint Innovation CooperationEncouraging inclusive growth aims at realizing strong economic growth and at making use of it to enhance living standards and social welfare among different social groups within and across countries. Governments in many countries have intensified their support for inclusive growth which is reflected in their various new economic and developing strategies such as “Europe 2020” of the European Commission (EU), the “Economic Strategies” of Singapore and the “New Economic Model” of Malaysia.

    Focusing on the industrial developing trends of countries in a region, different kinds of innovation activities can be identified to gradually become the main driver of their economic growth. Being faced with the high uncertainties and risks of innovation, how could countries work on joint cooperation to enhance their innovation intensity and through innovation to encourage a more equal regional development? How could countries’ heterogeneity in economic development, business models and societal customs and culture be better considered to create new chances for cooperation among themselves to encourage regional growth? How to initiate and strengthen spillover effects of innovation on growth within and across countries? How to develop effective regional institutional and organizational innovation to support a more equal regional economic and societal development?

    Moderator

    Dennis Görlich, Managing Director, Global Economic Symposium

    Panelists

    Pun-arj Chairatana, CEO, Noviscape Consulting Group
    Tain-Jy Chen, Professor, Department of Economics, National Taiwan University
    Tony Nash, Chief Economist, Complete Intelligence
    Qiyuan Xu, Director of Economic Development Division, Institute of World Economics and Politics, Chinese Academy of Social Sciences


     

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