Question

How can the diaspora contribute to the growth of the knowledge economy?

1. The diaspora can leverage their global exposure to ideas, markets, and institutions to foster the knowledge economy.
2. The diaspora's contribution is limited to financial investments only.
3. Bringing the diaspora's global exposure back to Kerala is a key factor in this transition.

• A. All
• B. 1, 3
• C. 3 only
• D. 1 only

Answer 1

Answer:

B. 1, 3

• The diaspora possesses valuable global exposure to innovative ideas, dynamic markets, and established institutions.

• By channeling this knowledge and experience back to their home regions, they can significantly accelerate the development of a knowledge-based economy.

• This involves not just financial contributions but also the transfer of expertise, best practices, and international networks.