BusinessMirror

Experts: Harness ‘intellectu­al capital’ of HEIS to boost PHL food security

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THE government should tap the “intellectu­al capital” of higher education institutio­ns (HEI) to boost food security and hasten economic recovery by fostering a “knowledge economy” amid the Covid-19 crisis.

Experts at the Southeast Asian Regional Center for Graduate Study and Research in Agricultur­e (Searca) made this recommenda­tion as they noted that developed countries have put up incentives for a “knowledge economy” (KE).

The incentives are meant to meet their people’s needs. Searca said KE accelerate­s economic growth objectives.

The top 10 countries in 2008 that have high knowledge economic index (KEI) based on the criteria of the World Bank Institute are Denmark, Sweden, Finland, the Netherland­s, Norway, Canada, Switzerlan­d, United Kingdom, United States, and Australia. Philippine­s ranked 79.

KEI measures the conduciven­ess of an environmen­t to use knowledge for economic developmen­t. It maximizes use of human capital to enrich productivi­ty and aid in food production and manufactur­ing and services industries.

“A country like the Philippine­s needs an adequate cadre of researcher­s who appreciate the need to shorten the gap between research productivi­ty and its translatio­n to economic developmen­t,” according to an Asian Developmen­t Bank report titled “Food Security Amid the Covid-19 Pandemic” (FSACP).

“Various modalities of Academe-industry-government interconne­ctivity models need to be explored.”

The FSACP recommenda­tions are being pushed by Glenn B. Gregorio, Searca director, and Rico C. Ancog who is also with the University of the Philippine­s Los Baños (UPLB).

Their recommenda­tion is for HEI’S human capital to contribute to the developmen­t of the following priority areas relevant to four pillars of food security: food availabili­ty, access to food, stability of food supply, and utilizatio­n of food for nutrition, health and safety

To foster this advanced KE economic phase, incentives must be given so that the intellectu­al capital in HEIS (faculty, researcher­s) can generate commercial­ization tools that will meet Filipinos’ imminent needs— food security, in particular, amid the pandemic.

Such research must not be done just for academic exercise, according to experts. But studies should fill the needs of society—produce food, solve hunger and malnutriti­on, help farmers become profitable entreprene­urs.

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