First launched in 2019, the Global Innovative Growth Forum (GIGF) has been a flagship forum for global leaders to engage and discuss how innovation is key for sustainable growth. The World Bank Group Korea Office and the Republic of Korea’s Ministry of Economy and Finance co-hosts this annual forum with the partnership of the Korea Advanced Institute of Science and Technology Global Strategy Institute and the Born2Global Centre.
Continuing the discussion on innovative sustainable growth during GIGF2020, this year marked the 3rd GIGF with the theme of “New challenges for Innovative Growth In the Post-Pandemic Era”. The forum was held over two days, December 8-9, as a hybrid format live-streamed on YouTube with minimal on-site guests due to COVID-19 safety measures. It attracted over 2,000 domestic and international online participants with experts from various ministries, research institutes, academia, and private sectors.
GIGF 2021 highlighted the digital divide between developed and developing countries and the polarization of the current innovation industry in the post-pandemic era. The forum also shared the progress and initial results of the Korean New Deal and examined relevant topics such as regulations for big tech industries.
Global Innovative Growth Forum 2021
December 8 – 9th, 2021
| Opening Remarks | ||
| 8:30 – 8:37 | Nam-Ki Hong | Deputy Prime Minister and Minister of Economy and Finance, Republic of Korea |
| Welcoming Remarks | ||
| 8:37 – 8:45 | Manuela V. Ferro | Vice President, East Asia and Pacific, World Bank |
| Keynote Speech | ||
| 8:45 – 9:00 | Børge Brende | President, World Economic Forum |
| 9:00 – 9:15 | Sungroh Yoon | Chairperson, Presidential Committee on the Fourth Industrial Revolution |
| Session I: Building Back Better – The Role of Innovation in the Post-COVID Recovery | ||
| 9:15 – 9:25 | Soonman Kwon | President, Korea Health Industry Development Institute |
| 9:25 – 9:35 | Andrew Mason | Deputy Chief Economist, East Asia and Pacific, World Bank |
| 9:35 – 9:45 | Jiwoo Choi | EMEA Regional Chief Risk and Sustainability Officer, Shinhan Bank London |
| 9:45 – 9:55 | Robyn Klingler | Reader in Political Economy, King’s College London |
| 9:55 – 10:05 | Randeep Sudan | Founder and CEO, Multiverz |
| Discussion with Session Speakers｜10:05 – 10:45
Chair: Martin Raiser, Country Director for China and Mongolia and Director for Korea, World Bank |
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| Session II: Shaping the Future of Data Economy | ||
| 10:50 – 10:55 | Kyunghee Song | Director General, Artificial Intelligence Policy Bureau, Ministry of Science and ICT, Republic of Korea |
| 10:55 – 11:05 | Kwang Hyung Lee | President, Korea Advanced Institute of Science and Technology (KAIST) |
| 11:05 – 11:15 | Alex Pentland | Founder and Director, MIT Connection Science, MIT |
| Discussion with Session Speakers｜11:15 – 12:05
Chair: Malarvizhi Veerappan, Program Manager and Senior Data Scientist, Development Data Group, The World Bank Panelist:
Discussant:
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| Session III: Light and Shadow of Digital Innovation | ||
| 8:30 – 8:40 | Michael A. Cusamano | Deputy Dean, MIT Sloan School of Management at Massachusetts Institute of Technology |
| 8:40 – 8:50 | Sheila Warren | Executive, Technology, Policy and Innovation, World Economic Forum |
| 8:50 – 9:00 | Daniel Susskind | Fellow in Economics, University of Oxford; Professor, King’s College London |
| Discussion with Session Speakers｜9:00 – 10:00
Chair: Yong Wook Paik, Assistant Professor, College of Business, KAIST Panelist:
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| Session IV: Startup-driven Innovation via Collaborative Partnership | ||
| 10:05 – 10:20 | Marco Marinucci | Founder & CEO, Mind the Bridge |
| 10:20 – 10:40 | Sam Lee | CEO, InnoCSR |
| Andrés Aranda Martínez | CEO, American Climate Solutions | |
| 10:40 – 11:00 | Tae Jin Park | Global Business Developer, Virnect |
| David Alva | Co-Founder and COO, Proximity | |
| Discussion with Session Speakers｜11:00 – 11:55
Chair: Jong Kap Kim, Chief Executive Director, Born2Global Centre Panelist:
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| Closing Remarks | ||
| 11:55 – 12:00 | Beomseok Kim | Director General, Ministry of Economy and Finance Office for Innovative Growth, Republic of Korea |