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    Preparing the Philippines for the Fourth Industrial Revolution: A Scoping Study

    Dadios, Elmer P.; Culaba, Alvin B.; Albert, Jose Ramon G.; Paqueo, Vicente B.; Jr., Aniceto C. Orbeta; Serafica, Ramonette B.; Bandala, Argel A.; Bairan, Jose Carlos Alexis C. | August 2018
    Abstract
    Technological breakthroughs and the interplay of a number of fields, including advanced robotics, artificial intelligence (AI), nanotechnology, neurotech, data analytics, blockchain, cloud technology, biotechnology, Internet of Things (IOT), and 3D printing, have ushered in the Fourth Industrial Revolution (FIRe). These various FIRe technologies are already being adopted by Philippine industries, although in varying degrees of diffusion. The extent to which all the potential benefits will be realized from these technologies depends on the country’s ability to overcome its capacity to aptly adapt to the global disruptions that are expected to come along with the FIRe. The country needs to focus on establishing a solid basic foundation for sustained learning and on accumulating various types of capital, while progressively and systematically closing the existing technological and knowledge gaps. Both the public and private sectors need to pay attention to the miniscule investment it has been putting in R&D; concomitantly, the Government must have an informed view on how to improve the efficiency of its deployment. Other interrelated measures needed to be able to catch up technologically and benefit from FIRe include: (i) openness to international trade and investment, which can be useful vehicles for faster transfer of innovative ideas and technology; (ii) reduced anti-competition practices and more competition in key industries like ICT; (iii) better educated and more trainable workers and more flexible and less costly labor market regulatory environment; (iv) development of the education and training systems, including both Government and private sectors, that can efficiently and equitably produce malleable human capital; (v) accumulation of other types of complementary capital like institutional, organizational and physical capital; (vi) progressive establishment of a universal social protection system to keep the people secure, especially the poor and vulnerable, in the face expected unprecedented business and employment disruptions; and (vii) more investment in data collection, monitoring, testing and evaluation. The opportunities and challenges are multifaceted and complex. To harness the FIRe, Government as a whole should systematically review and adapt its policies, institutions and development efforts in light of upcoming revolutionary changes.
    Citation
    Dadios, Elmer P.; Culaba, Alvin B.; Albert, Jose Ramon G.; Paqueo, Vicente B.; Jr., Aniceto C. Orbeta; Serafica, Ramonette B.; Bandala, Argel A.; Bairan, Jose Carlos Alexis C.. 2018. Preparing the Philippines for the Fourth Industrial Revolution: A Scoping Study. © Philippine Institute for Development Studies. http://hdl.handle.net/11540/8715.
    Keywords
    Commerce and Industry
    Intra-Industry Trade
    Large Scale Industry
    Labor
    Technical Evaluation
    Results-Based Monitoring And Evaluation
    Performance Evaluation
    Industrialization
    Industrial Economics
    Industrial Development
    Industrial Policy
    Technology assessment
    Technological institutes
    Employment
    Information Media
    Mass Media
    Export Oriented Industries
    Electronics
    Computers
    Telecommunications Industry
    Manufacturing Industries
    Microprocessors
    Electronic Equipment
    Communication Industry
    Project impact
    Development projects
    Program management
    Performance appraisal
    Project appraisal
    Microelectronics industry
    Electronic industries
    Digital electronics
    Microelectronics
    Podcasts
    Music videos
    Internet videos
    Interactive videos
    Videos
    Video recordings
    Capital market
    Developing countries
    Market share
    Labor
    Technology transfer
    Cumulative effects assessment
    Job analysis
    Task analysis
    Cumulative effects assessment
    Grievance procedures
    Participatory monitoring and evaluation
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    Citable URI
    http://hdl.handle.net/11540/8715
    Metadata
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    pidsdps1811.pdf (2.736Mb)
    Author
    Dadios, Elmer P.
    Culaba, Alvin B.
    Albert, Jose Ramon G.
    Paqueo, Vicente B.
    Jr., Aniceto C. Orbeta
    Serafica, Ramonette B.
    Bandala, Argel A.
    Bairan, Jose Carlos Alexis C.
    Theme
    Industry
    Evaluation
    Labor Migration
    Small Medium Business
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise