Knowledge-based activities are the best to withstand the crisis, according to the ABACO’s report written at the request of VLC/Campus

José Manuel Leceta and Esteban Morcillo.

The observatory of the knowledge-based activities -ABACO-, which has been presented today at Foundation University-Business Adeit, shows that the Spanish economy has an important offer of knowledge but it is weak in taking advantage of the production. This is written in a report written by Ivie at the request of VLC/Campus. This report also points out that the income of the factors based on knowledge are the 55% of the GDP but they get the 75% at other economies.

The observatory’s presentation has taken place during the symposium ‘El avance de la economía del conocimiento en España’ which is taking place today. The Principal Esteban Morcillo, the UPV’s Principal Juan Juliá, and the institutional coordinator of CSIC José Pío Beltrán, representing the three institutions in VLC/Campus, have attended the event. AVAP’s director Jacobo Navarro and the Ivie’s director Francisco Pérez have also taken part.

Esteban Morcillo has stressed that ‘ABACO is one of the initiatives which gives us the highest price’. This project ‘is born with a national and international aim’. He has stated that there will be more symposia to present it. He has thanked the contribution of Ivie.

After the Principal’s speech, he has introduced José Manuel Leceta, who is director of the European Institute of Innovation and Technology, EIT, and who has read the opening lecture. Leceta has stressed the role of the universities in implementing new ways of innovation.

According to ABACO's data (http://www.observatorioabaco.es/), the economies based on knowledge are the best to withstand the recession since companies tend to keep the best qualified employees, the graduates.

While the economy has contracted, knowledge has increased and nowadays the income payed to the factors based on knowledge –human capital, machinery and equipment, especially ICT- are more than the 55% of the GNP. This evolution has not been stopped in Spain despite the crisis, yet it will be accelerated with the recovery.

ABACO has the collaboration of Cotec, Fundación Telefónica, and Fecyt. Its main goal is identifying and assessing the importance knowledge-based activities have achieved in Spain, as well as promoting them. All this through information, reflection and impact analysis.

Last update: 15 de october de 2012 17:07.

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