Opening Plenary CEO Round Table: Wealth Creation and Asia
O E C D Plenary How can we innovate?
Opening Plenary  CEO Round Table: Wealth Creation and Asia

Oct.17th 10:30-11:40, VISTA

Global economy is dynamically changing. Power shift from Western part of globe to newly emerging countries is drawing a new economic map and reorganizing international order. The Free Trade Agreement (FTA) is now the rising keyword for national prosperity, and global risks, say, climate change, water shortage and terrorism threats, are witnessed as obstacles for the international community's future.
Emerging markets, including China, India, Vietnam and Russia, are rapidly growing and new consumers are shaking the conventional order of the global market. Internet revolution is threatening the traditional business model.
The faster the changes happen, the harder it is to predict the future. The main theme of the World Knowledge Forum 2007 is "Wealth Creation & Asia." During the Opening CEO Roundtable, we will meet distinguished speakers and get the valuable message regarding revolutionary wealth
creation. In a knowledge-based society, what is the method and locomotive of welth creation? Where are the new growth engines that countries and companies should seek for? What is the recipe to wealth creation in Asia?
How can we utilize the Web 2.0 Economy to create wealth? How can we use the trend of evolution of finance as the tool for wealth creation? What is the strategy of nurturing talents for future wealth creation and what kind of leadership should the CEOs exercise? When and how will we meet the Nwe Era of Security & Prosperity?
Under the main theme of "Wealth Creation and Asia", the World Knowledge Forum will touch on the issues regarding six major tracks such as Asia, Finance, Developing Top Talent & Leadership, Web 2.0, Growth, Security & Prosperity and will hear from global thought leaders.

Dutta, Soumitra    Dean of External Relations and Roland Berger Chaired Professor of Business and Technology,  INSEAD
ZHU, Min   Group Executive Vice- President,  Bank of China
Al Shaali, Nasser   CEO,  Dubai International Financial Centre
Ridding, John   CEO,  Financial Times
Li, Robin   Chairman and CEO,
Kutscher, Christof   Head Asia Pacific,  UBS Global Asset Management

O E C D Plenary  How can we innovate?

Oct.18th 08:20-09:30, VISTA

There are two points to be covered. The first is the role that innovation is playing and has played already in fostering globalization. Much of the increase in globalization over the past decade has been facilitated by innovation and technical change in communication and transportation, that have lowered the costs of international trade. Over the past decade, innovation in information and communications technology has even further strengthened this process, by enabling international trade and digital delivery of a growing range of services. A couple of areas of potential point of debate are the following:

- How far will this process go; will we see a continued growth in international trade due to innovation, or will we see some goods and services continuing to be provided at the national level?
- What challenges does this pose for countries; how can they adjust to this continued globalization process. This issue is therefore primarily focused on the challenges.

The second point concerns the opportunities. Globalisation of research and innovation can be important positive factors for change. Globalisation, such as the growing role of China in science and innovation, allows new knowledge and potential solutions to be generated and diffused world-wide. In providing much broader access to global knowledge and in enabling universities, firms and other institutions to collaborate on science and innovation, more and better innovative solutions to global problems can be generated and diffused throughout the world.
The point of debate here is more on how this positive impact of globalization can be fostered and which barriers to this exchange of knowledge and ideas need to be addressed. Our proposed work on the Innovation Strategy, as well as the work following up on the G8 meeting in Heiligendamm is partly aimed at addressing these questions.


Kwon, Tae-Shin   Ambassador,  the Permanent Delegation of the Republic of Korea to OECD
De Geus, Aart Jan   Deputy Secretary General,  OECD
Johnson, Richard   Senior Partner,  Arnold & Porter LLP
KIM, E. Han   Professor,  University of Michigan