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NIDO-Germany Publications / Papers

Transforming Brain Drain to Brain Gain Roads to Economic Growth and Power

Apart from the shock therapy of currency devaluation that makes a country the eternal patient of economic soothsayers, scuttling from private lenders to money lending institutions for more, there are three roads that make for a financially self-sufficient country without the need for internal borrowing and external indebtedness.

These roads are the following

(i)        Emulation

(ii)       Innovation (

iii)      Original Ideas (Inventions and Discoveries)

Of these three, the surest are innovation and original ideas. However what puts a country in the roll call of the powerful are original creations covering the entire gamut of knowledge and awareness. Since what balances the budget does not necessarily produce a balanced people, we shall need to relate to (i – iii) not only from the standpoint of the contributions of scientific research and technology to the gross national product but also from the emotionally balancing effect of literature and performances. In what follows we shall confine our treatment to research and technology. As our first step, let's try to explore (i-iii) above. Emulation and TechnologyWhen an electronic machine is bought, the drawings of the logic gates are supplied. Emulation begins with opening the machine to relate the drawings to the components. Go to market and procure the stipulated capacitance, resistance, transistors and others that are shown on the drawings and connect them with lead as stipulated. You will end up with the copy of the same machine. With this done, change the cover. There you are!
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