Islamabad
February 5, 2021
Islamabad : President Dr Arif Alvi on Thursday said the fastest way for Pakistan to emerge as a strong knowledge economy was through promotion of innovative entrepreneurship based on information technology.
“Innovation and emerging technologies together can open up new vistas of development and prosperity for Pakistan,” the President said at the inauguration of National Idea Bank, here at the Aiwan-e-Sadr. The National Idea Bank ‘a collaboration among academia, government, and industry’ is aimed at addressing indigenous problems using technology and innovations in business and governance models.
President Alvi said in the world of digitalization, Pakistan needed to establish a mechanism comprising thinkers and practitioners to identify innovative ideas for different organisations. He expressed confidence that National Ideas Bank as a knowledge-intensive system would contribute to rapid pace of development compared with the conventional brick