Publisher: Maaal International Media Company
License: 465734
Having concluded the Technology Transfer Logo for our industrial consumption, we ended up with the Fourth Industrial Revolution Logo, implying that we continue to adapt the same methodology of expenditure to import plant and machinery as if we believe it is regarded as an accomplishment. Even though the oil price revolution and abundance of cash liquidity have occurred since the 1970s, the monetary trends towards supporting local production and relying on domestic industry didn’t represent a breakthrough in the Arab Gulf States, where the economic boom was being triggered. When the Technology Transfer Logo prevails in various industries through purchasing overseas plant and equipment, it reinforces the idea that these overseas imports are considered as a first step to transfer and possess the technology manufactured locally. Although during that period Korea was known for its fishing just as Chinese farmers were famous, they were starving, but they had both started working on the domestic industry to promote the creation of their local contents. For example, Korea began to construct fishing vessels and then moved on to giant ships just as farm machinery was produced in China, where they had modified their communist doctrine so as to introduce new concepts. The rest of the story is recognized by Korean and Chinese people; however, in our region, the overseas purchase of technology dominated a large sector as though it was just a can of soup to be imported. Decades later, after the Technology Transfer Logo hadn’t become persuasive and had been just money wasted on overseas imports, the ” Technology Transfer ” was only a dead issue that writers, press officers and journalists have had over recent years, though another concept called ” the Fourth Industrial Revolution ” has emerged, emphasizing the extension logo of Technology Transfer in a modern way. Therefore, it reinforces the idea that the transfer of overseas technologies should be supported, giving a misleading impression of domestic content creation. Two years ago, the concept of the Fourth Industrial Revolution was officially endorsed in the Kingdom of Saudi Arabia by the energy minister when he had appeared on NIDLP Show. From my perspective, I don’t suggest you find out more about the concept since it doesn’t yet have a set definition. It is only an idea presented in 2014 by the German businessman called Klaus Schwab, where the German Industrial advances are perceived as Fourth Generation Approach and an initiative for overseas consumption. I am not concerned with the category of whether the Industrial Revolution is classified as First or Tenth. What is important is that the idea of industrial strategy is formulated again according to the economic adjustment laid out in Vision 2030. our Vision 2030 will be the sole way to create a new Industrial Revolution if the local content program has been adapted. Thus, more job vacancies for citizens along with the Spark Contest for innovation will draw up a roadmap for the future. From this land, a Huge Industrial Revolution took place, known as the Mineral Exploration Revolution, which has altered the aspect of human life. Of course, the Classification for Britain was none of my business when they had tried to strengthen their position through attributing the First Industrial Revolution to their invention of steam-operated machine in the Eighteenth Century just as Germany had attempted to market their products as the Fourth Industrial Revolution. In fact, Our Industrial Revolution tale will be driven from our land. I don’t have doubts about our leaders as to whether they can manage this. The Saudi Management is secured and therefore accomplishes the impossible.
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