Knowledge-based economy only possible by strengthening … – Pakistan Today

Federal Minister for Science and Technology Rana Tanvir Hussain Monday said that knowledge-based economy is possible by strengthening the technology institutions and ensuring effective governance enhancing the capacity of indigenous innovation system.

The minister said while addressing the workshop on Application of Robotics Technology for Industrial Development in Pakistan at National University of Science and Technology (NUST). He said that the government was fully committed to launch scientific and technological programmes and projects that aimed economic development of the country.

He said, These days we can see robots doing house chores, surgical treatment, security, rescue, bomb disposal, medical rehabilitation, space exploration, agriculture and electrical mobility. Our principal agenda aims to build the knowledge based economy to gather the human resource, raw technology, infrastructure into the hard modern technological base.

He said, Importance of robotics and artificial intelligence in this age cannot be over emphasized although the concept of robots came in 20th century. During the current decade the robotic technology has advanced radically to include machines capable of assembling other machines and even robots that can be mistaken for human beings.

He added that his ministry has recently widened the performance and evaluation procedure of the research and government organization and the pace that clearly defined chief performing indicators.

Industrial and academia cooperation is a time tested mechanism as which enables both entities to sustain growth in their respective areas, he added.

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Knowledge-based economy only possible by strengthening ... - Pakistan Today