Home Technology Business Letting human capital and technology rule the world

Letting human capital and technology rule the world

Technology Growth


Minister for Environment, Science, Technology, and Innovation, Professor Kwabena Frimpong-Boateng has called for the need to see human capital and technology as key developmental tools for every nation’s economic advancement.

According to him, in these times when the world economy is knowledge-based and science and technology-driven, the most important parameter in the production process is the human capital, otherwise known as human integrity.

“Countries and cultures that have acquired the requisite human capital and technology rule the world. That is why there are countries in the world that have little or no natural resources but are much richer than those with abundant natural resources,” Prof. Frimpong-Boateng noted at the International Conference on Education, Technology and Entrepreneurship (ICETE) 2017 in Accra last week.

The 2-day conference was organized by the Ghana Technology University College (GTUC) in collaboration with Coventry University, United Kingdom.

The conference, which was on the theme: “Promoting Development through Technology, Entrepreneurship and Innovation” was expected to create an environment that would bring together like-minded individuals and groups to share knowledge in the areas of education, technology and entrepreneurship.

Being the first of what would be an annual event, the ICETE would serve as a platform for further discussions in the areas of education, technology, and entrepreneurship as key components for the study of economic growth.

The Environment, Science, Technology, and Innovation Minister indicated that, “It’s for this reason why the poverty gap is a technology gap and not natural resources gap. In actual fact, natural resources have no natural owners. Those who own the resources are those countries that have the human capital and technology to exploit them.”

He pointed out that education had to come in as tool to prepare Ghana to develop its natural talents which some might call ability.

“You may have talent, but without exposure to an environment that will help unearth the talent and the knowledge that must be applied for it to become useful, the talent may not be exposed,” the minister added.

Prof. Frimpong-Boateng observed that there were different kinds of knowledge such as “know-what, know-why, know-how, and know-who” which refer to knowledge about facts, scientific knowledge of the principles and laws of nature, skills and capability to do something, and information about who knows what and who knows how to do what.

For him, the ultimate success of a nation depends on three things: ability, motivation, and attitude.

“Ability determines what a person is capable of doing given the right training and exposure. It is a potential force that needs to be developed.

“Having unearthed that ability, motivation determines what the person does with his ability. Motivation may take many forms, including provision of a conducive environment, better wages or salary or simple recognition,” he stressed.

Prof. Frimpong-Boateng opined that attitude determined how well a person did what he did, adding “a talented person who is well motivated can still be a failure if he has got the wrong attitude towards work.”

Prof. Osei K. Darkwa, President of GTUC, observed that the conference “came at a time when a number of higher educational institutions are exploring ways to transform their delivery options and promote entrepreneurship and innovation.

“For a developing country like Ghana, it is an equally important conversation to have because all three subjects (technology, entrepreneurship and education) are intrinsically connected to our development as a people and a nation.”

Prof. Darkwa emphasized that institutions of higher learning ought to be challenged to move into science, technology and technical-oriented education because technology could offer real opportunities to improve the quality of life of the people.

“Our universities must work hard to catch up with the new reality of providing an education that frees the imagination and provide not only a degree but the flexibility, insight and foresight that comes from thinking creatively, asking critical questions, forming and testing hypothesis and reasoning quantitatively,” Prof. Darkwa added.

Writer’s e-mail: ernestk@businessdayghana.com


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