The Knowledge Economy as a Development Potential for Industrialized Countries and a Perspective for Developing Countries
Autor: | Fredj Fhima, Walid Trabelsi |
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Rok vydání: | 2019 |
Předmět: | |
Zdroj: | International Journal of Knowledge-Based Organizations. 9:21-37 |
ISSN: | 2155-6407 2155-6393 |
DOI: | 10.4018/ijkbo.2019100102 |
Popis: | Based on a panel of 51 countries (22 developed and 29 developing) for a period from 2002 to 2012, this study develops a number of indicators and indexes to compare these two groups of countries according to their knowledge economy content. Results show that in OECD countries, knowledge plays a central role in economic performance and growth. These countries have managed to convert knowledge to ability; they are called knowledge-based economies. Developing countries, although they use knowledge, only few of them are regarded as knowledge-based. The success of a strategy of building the knowledge economy requires investments in knowledge which translates into expenditures on research and development and a strong education system. |
Databáze: | OpenAIRE |
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