Connect with us

Science & Technology

Innovation in Europe and Central Asia: From Horse Carts to Driverless Cars

Published

on

Adapting to advanced technologies is key to accruing the high returns that innovation can bring: GA Drilling. Photo: World Bank

When talking about innovation, countries in the Europe and Central Asia Region face challenges that lie somewhere between a horse cart and an autonomous car. In some parts of the region, people still use horse carts to move around while in other parts – sometimes even within the same country – people contemplate how to locally produce autonomous vehicles.

With this reality as a backdrop, the question arises: what can countries in the region do to use innovation and disruptive technologies to accelerate economic growth?

“Today we don’t need linear but exponential thinking to create a world of abundance” says Nicholas Haan, Vice President of Impact and Faculty Chair of Global Grand Challenges, Singularity University.

To hammer home this concept, he gives an example: if you take 30 one-meter steps in linear terms, they will take you 30 meters; if the same number of steps are taken exponentially, however, they will take you around the globe 2.8 times!

“Innovation is happening whether we like it or not. Today’s leaders must be innovators,” says Haan.

Like the rest of the world, countries in the Europe and Central Asia are at a crossroads between linear thinking and exponential technological change.

Reflecting on this, Vazil Hudak, Vice President of the European Bank Investment Bank (EIB) from Slovakia, concludes: “we need innovation to survive. Innovation must shape the future of Slovakia,” he says.

To address these challenges, government officials, researchers, entrepreneurs, and representatives from different International Financial Institutions (IFIs) gathered at the Regional Innovation Forum in Bratislava from March 22-24 to identify innovation and technology challenges facing the region, translate uncertainty into opportunity, and learn from regional and global experiences.

There is ample evidence that innovation and the adoption of existing technologies can accelerate economic growth. It has been shown that innovative firms grow faster – 15% faster in sales and 8% faster in labor productivity.

Yet, it is not easy to embrace change.

“Innovation and disruptive technology are extraordinary opportunities for accelerating economic growth, but they are also a source of anxiety for governments, firms, and people,” says Cyril Muller, World Bank Vice President for the Europe and Central Asia Region.

The recent World Bank report “The Innovation Paradox” highlights two failures that undermine the impact of innovation and technology adoption.

First, most firms in developing countries are slow to identify and adapt to more advanced technologies -thus fail to accrue the high returns that technology upgrades and innovation can bring. Second, governments find it challenging to develop innovation policies that can effectively facilitate a process of ‘technological catch-up.’

So, what needs to be done?

The first task for policy makers is to create an eco-system which will unleash innovation potential.

“Innovators don’t want zero regulation, they want the right regulation,” says Muller.

Policy makers have an array of instruments at their disposal – among them innovation grants, matching grants, venture capital, equity funds, loan guarantee schemes. In selecting the best mix, the key is finding evidence of what works and what doesn’t.

Igor Kočiš, an innovator and founder of GA Drilling, says a lot of innovators are leaving Slovakia because of the lack of funding for developing their ideas. His advice to policy makers focuses on funding.

“I think the best solution is to combine private money with public money,” says Kočiš. “Initial experiments should start with private money. It is faster to do this with your own money. Once you develop a prototype, public money should come in. After this stage you then go back to the private money for investment.”

The World Bank Group, in coordination with many clients in the region, has already recognized the importance of innovation for development and has worked over the last two decades to make innovation systems more robust. Over fifty projects have been financed by the World Bank that touch upon innovation in the region.

These initiatives cover a wide range of issues, from increasing innovative activities of firms and individuals in Georgia, to promoting high-quality, nationally relevant research and commercialization of technologies in Kazakhstan and in Serbia, to helping countries in the Western Balkans build a better eco system for innovation.

“The World Bank has accumulated global knowledge and expertise,” says Bagrat Yengibaryan, Director of the Enterprise Incubator Foundation in Armenia.” No government is willing to share failure, but the World Bank is. Thus, we can learn what works and what doesn’t. We don’t have to invent the bicycle all over again.”

World Bank

Continue Reading
Comments

Science & Technology

Iran among five pioneers of nanotechnology

Published

on

Prioritizing nanotechnology in Iran has led to this country’s steady placement among the five pioneers of the nanotechnology field in recent years, and approximately 20 percent of all articles provided by Iranian researchers in 2020 are relative to this area of technology.

Iran has been introduced as the 4th leading country in the world in the field of nanotechnology, publishing 11,546 scientific articles in 2020.

The country held a 6 percent share of the world’s total nanotechnology articles, according to StatNano’s monthly evaluation accomplished in WoS databases.

There are 227 companies in Iran registered in the WoS databases, manufacturing 419 products, mainly in the fields of construction, textile, medicine, home appliances, automotive, and food.

According to the data, 31 Iranian universities and research centers published more than 50 nano-articles in the last year. 

In line with China’s trend in the past few years, this country is placed in the first stage with 78,000 nano-articles (more than 40 percent of all nano-articles in 2020), and the U.S. is at the next stage with 24,425 papers. These countries have published nearly half of the whole world’s nano-articles.

In the following, India with 9 percent, Iran with 6 percent, and South Korea and Germany with 5 percent are the other head publishers, respectively.

Almost 9 percent of the whole scientific publications of 2020, indexed in the Web of Science database, have been relevant to nanotechnology.

There have been 191,304 nano-articles indexed in WoS that had to have a 9 percent growth compared to last year. The mentioned articles are 8.8 percent of the whole produced papers in 2020.

Iran ranked 43rd among the 100 most vibrant clusters of science and technology (S&T) worldwide for the third consecutive year, according to the Global Innovation Index (GII) 2020 report.

The country experienced a three-level improvement compared to 2019.

Iran’s share of the world’s top scientific articles is 3 percent, Gholam Hossein Rahimi She’erbaf, the deputy science minister, has announced.

The country’s share in the whole publications worldwide is 2 percent, he noted, highlighting, for the first three consecutive years, Iran has been ranked first in terms of quantity and quality of articles among Islamic countries.

Sourena Sattari, vice president for science and technology has said that Iran is playing the leading role in the region in the fields of fintech, ICT, stem cell, aerospace, and is unrivaled in artificial intelligence.

From our partner Tehran Times

Continue Reading

Science & Technology

Free And Equal Internet Access As A Human Right

Published

on

Having internet access in a free and equal way is very important in contemporary world. Today, there are more than 4 billion people who are using internet all around the world. Internet has become a very important medium by which the right to freedom of speech and the right to reach information can be exercised. Internet has a central tool in commerce, education and culture.

Providing solutions to develop effective policies for both internet safety and equal Internet access must be the first priority of governments. The Internet offers individuals power to seek and impart information thus states and organizations like UN have important roles in promoting and protecting Internet safety. States and international organizations play a key role to ensure free and equal Internet access.

The concept of “network neutrality is significant while analyzing equal access to Internet and state policies regulating it. Network Neutrality (NN) can be defined as the rule meaning all electronic communications and platforms should be exercised in a non-discriminatory way regardless of their type, content or origin. The importance of NN has been evident in COVID-19 pandemic when millions of students in underdeveloped regions got victimized due to the lack of access to online education.

 Article 19/2 of the International Covenant on Civil and Political Rights notes the following:

“Everyone shall have the right to freedom of expression; this right shall include freedom to seek, receive and impart information and ideas of all kinds, regardless of frontiers either orally, in writing or in print, in the form of art, or through any other media of his choice.”

Internet access and network neutrality directly affect human rights. The lack of NN undermines human rights and causes basic human right violations like violating freedom of speech and freedom to reach information. There must be effective policies to pursue NN. Both nation-states and international organizations have important roles in making Internet free, safe and equally reachable for the people worldwide. States should take steps for promoting equal opportunities, including gender equality, in the design and implementation of information and technology. The governments should create and maintain, in law and in practice, a safe and enabling online environment in accordance with human rights.

It is known that, the whole world has a reliance on internet that makes it easy to fullfill basic civil tasks but this is also threatened by increasing personal and societal cyber security threats. In this regard, states must fulfill their commitment to develop effective policies to attain universal access to the Internet in a safe way.

 As final remarks, it can be said that, Internet access should be free and equal for everyone. Creating effective tools to attain universal access to the Internet cannot be done only by states themselves. Actors like UN and EU have a major role in this process as well.

Continue Reading

Science & Technology

Future Energy Systems Need Clear AI Boundaries

Published

on

Today, almost 60% of people worldwide have access to the Internet via an ever-increasing number of electronic devices. And as Internet usage grows, so does data generation.

Data keeps growing at unprecedented rates, increasingly exceeding the abilities of any human being to analyse it and discover its underlying structures.

Yet data is knowledge. This is where artificial intelligence (AI) comes in. Today’s high-speed computing systems can “learn” from experience and, thus, effectively replicate human decision-making.

Besides holding its own among global chess champions, AI aids in converting unstructured data into actionable knowledge. At the same time, it enables the creation of even more insightful AI – a win-win for all. However, this doesn’t happen without challenges along the way.

Commercial uses of AI have expanded steadily in recent years across finance, healthcare, education and other sectors. Now, with COVID-19 lockdowns and travel restrictions, many countries have turned to innovative technologies to halt the spread of the virus.

The pandemic, therefore, has further accelerated the global AI expansion trend.

Energy systems need AI, too.

Rapidly evolving smart technology is helping to make power generation and distribution more efficient and sustainable. AI and the Big Data that drives it have become an absolute necessity.  Beyond just facilitating and optimising, these are now the basic tools for fast, smart decision making.

With the accelerating shift to renewable power sources, AI can help to reduce operating costs and boost efficiency. Crucially, AI-driven “smart grids” can manage variable supply, helping to maximise the use of solar and wind power.

Read more in IRENA’s Innovation Toolbox.

Risks must be managed to maximise the benefits.

AI usage in the energy sector faces expertise-related and financial constraints.

Decision makers, lacking specialised knowledge, struggle to appreciate the wide-ranging benefits of smart system management. In this respect, energy leaders have proven more conservative than those in other sectors, such as healthcare.

Meanwhile, installing powerful AI tools without prior experience brings considerable risks. Data loss, poor customisation, system failures, unauthorised access – all these errors can bring enormous costs.

Yet like it or not, interconnected devices are on the rise.

What does this all mean for the average consumer?

Smart phones, smart meters and smart plugs, connected thermostats, boilers and smart charging stations have become familiar, everyday items. Together, such devices can form the modern “smart home”, ideally powered by rooftop solar panels.

AI can help all of us, the world’s energy consumers, become prosumers, producing and storing our own energy and interacting actively with the wider market. Our data-driven devices, in turn, will spawn more data, which helps to scale up renewables and maximise system efficiency.

But home data collection raises privacy concerns. Consumers must be clearly informed about how their data is used, and by whom. Data security must be guaranteed. Consumer privacy regulations must be defined and followed, with cybersecurity protocols in place to prevent data theft.

Is the future of AI applications in energy bright?

Indeed, the outlook is glowing, but only if policy makers and societies strike the right balance between innovation and risk to ensure a healthy, smart and sustainable future.

Much about AI remains to be learned. As its use inevitably expands in the energy sector, it cannot be allowed to work for the benefit of only a few. Clear strategies need to be put in place to manage the AI use for the good of all.

IRENA

Continue Reading

Publications

Latest

Environment2 hours ago

Step up action and adapt to ‘new climate reality’-Report

Though countries have made progress in planning for climate change adaptation, there are significant financing shortfalls in getting them to the stage...

Africa Today4 hours ago

Insecurity and bureaucracy hampering aid to Ethiopia’s Tigray region

Nearly three months after the start of conflict in Ethiopia’s Tigray region, hundreds of thousands of people have yet to...

Russia6 hours ago

How Crimea Strengthened Russia’s Eurasian Identity

While the west imagined Crimea was just a territorial dispute that had got out of hand and its annexation a...

South Asia8 hours ago

More about how democracy should be elected -Interview with Tannisha Avarrsekar

Tannisha Avarrsekar, a political activist who wants to increase equality in the representation of political candidates in India. In this...

Americas10 hours ago

Flames of Globalization in the Temple of Democracy

Authors: Alex Viryasov and Hunter Cawood On the eve of Orthodox Christmas, an angry mob stormed the “temple of democracy”...

Economy12 hours ago

Public Council Sets New Tasks to Support Russia-Africa Relations

In this interview with Armen Khachatryan, Deputy Chief Executive Officer and Programme Director at the Roscongress Foundation, and now a...

Americas14 hours ago

Deliberate efforts were made to give a tough time to President Joe Biden

President Trump-Administration is over-engaged in creating mess for in-coming President Joe Biden. The recent deliberate efforts are made to give...

Trending