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The Knowledge Society Vis-à-vis the Knowledge Economy and Their Potential Development Impacts in Russia

Author

Listed:
  • Ibrahim Alnafrah

    (Damascus University
    ITMO University)

  • Sulaiman Mouselli

    (Arab International University)

Abstract

The transition towards knowledge society and economy is considered a new trend in the global economy. This transition has become a necessity especially for emerging economies, which are suffering from a large dependency on rentier sectors and low technological competitiveness. However, this process requires clear and effective policies to fit the needs of those countries and available resources. The aim of this study is to run a horse race in between knowledge society and knowledge economy with regard to their development impacts in Russia. We find that knowledge society has a significant impact on development indicators while knowledge economy has negative effect on development indicators. We recommend that developing countries should prioritize knowledge societies on knowledge economies to realize the development benefits.

Suggested Citation

  • Ibrahim Alnafrah & Sulaiman Mouselli, 2019. "The Knowledge Society Vis-à-vis the Knowledge Economy and Their Potential Development Impacts in Russia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(1), pages 205-220, March.
    • Handle: RePEc:spr:jknowl:v:10:y:2019:i:1:d:10.1007_s13132-017-0448-2
    DOI: 10.1007/s13132-017-0448-2
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    References listed on IDEAS

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    1. Elias Carayannis & Igor Dubina, 2014. "Thinking Beyond The Box: Game-Theoretic and Living Lab Approaches to Innovation Policy and Practice Improvement," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(3), pages 427-439, September.
    2. Smith, Keith, 2002. "What is the 'Knowledge Economy'? Knowledge Intensity and Distributed Knowledge Bases," UNU-INTECH Discussion Paper Series 2002-06, United Nations University - INTECH.
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    Cited by:

    1. Jinhui Li & Gwang-Nam Rim & Chol-Ju An, 2023. "Comparative Study of Knowledge-Based Economic Strength Between China and the USA," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(4), pages 4256-4292, December.
    2. Diana Toimbek, 2022. "Problems and Perspectives of Transition to the Knowledge-Based Economy in Kazakhstan," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1088-1125, June.
    3. Elena Širá & Roman Vavrek & Ivana Kravčáková Vozárová & Rastislav Kotulič, 2020. "Knowledge Economy Indicators and Their Impact on the Sustainable Competitiveness of the EU Countries," Sustainability, MDPI, vol. 12(10), pages 1-22, May.
    4. Ion-Danut LIXANDRU, 2020. "The Relationship between the Decision-Making Process and the Emotional Intelligence in E-Society: A Time Series Analysis of Choosing a University Product," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 24(1), pages 87-97.

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