Challenges and opportunities offered by a knowledge-based and innovation-driven economy

That quote is from a Namibia, Africa, news report, but it applies equally to small biz survival.

“To take on the challenges and opportunities offered by a knowledge-based and innovation-driven economy, Namibians need to make a transition by changing and adjusting their basic attitudes, values and beliefs,” Minister of Education Nangolo Mbumba said….

In his view, everyone must recognise that in a globalised knowledge-based economy the greatest resource for innovation and economic growth resides within a country’s classrooms.

“To create a new generation of innovators, we in Namibia must call for qualified teachers in every math and science classroom. The government recognises that independent scientific research provides the foundation for innovation and future technologies. We should thus promote public and private partnerships that will translate new ideas into marketable technologies,” he said.

In some remarkable ways, our small and declining towns are much like developing countries. We face some of the same challenges in workforce issues, government investment, education, and corporate investment.

Are you prepared to change your basic attitudes, values and beliefs in order to meet the challenge? Innovation is the only way to survive. What have you done innovative today?

Technorati tags: [innovation] [small biz] [small business] [Namibia] [Africa]

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About Becky McCray

Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.