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Microsoft Spurs Economic Activity in Asia through Localized Software Initiatives

As the Government Leaders Forum—Asia in Jakarta enters its second day, government and business leaders are coming together to promote sustainable economic growth through information technology (IT). While there is no clear consensus on how to achieve this, many agree that innovation is an essential part of the solution. Microsoft Innovation Centers (MICs) are one example of how innovation – coupled with public and private partnerships – can act as a “sparkplug” for local software economies worldwide, and provide a working model of how countries can take full advantage of the “knowledge economy.”

Communities that harness this new economic engine find vast opportunities and benefits. The data shows that empowering citizens with IT skills and nurturing strong, local software economies is a critical factor to improved competitiveness, increased social opportunity and economic growth – but finding effective ways to deliver on this potential is a challenge that needs to be overcome.

Microsoft Corporate Vice President of Strategic and Emerging Business Development, Dan’l Lewin is responsible for managing the company’s worldwide strategic business relationships with venture capitalists and emerging venture-capital-backed businesses, with an aim to help foster economic growth at the local level. Lewin says, “One hallmark of the digital age is new models of collaboration between the public and private sectors to deliver improved skills training, access to technology, and funding for new enterprises. Realizing the true economic potential of ICT, which requires setting ambitious goals and developing long-term strategies that focus on skills-transference and expert guidance, cannot be the sole burden of governments.”

Source- Microsoft Press Release

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