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Building Knowledge Economies : Advanced Strategies for Development

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  • World Bank
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    Abstract

    Knowledge has always been an essential force in economic development. Chapter one, describes the knowledge revolution, which is leading us into a postindustrial age in which brains, not brawn, are the best means of coping with intensified competition and new challenges, including those related to human development and the global environment. In explaining the foundations and the model of knowledge economies, chapter two outlines the four knowledge economies (KE) pillars, provides elements of the benchmarking methodology, and relates KE achievements to recorded growth and competitiveness. To understand the KE process, chapter three starts with the examples of three KE champions, Finland, Ireland, and the Republic of Korea. The ensuing chapters examine and document in detail the four KE policy pillars. Chapter four on the economic and institutional regime discusses governance, regulation, finance, and trade as they bear on the KE development process. Chapter five on innovation addresses the question of support for innovators, the strengthening of research and technology infrastructure, the diffusion of basic technologies, and the promotion of specific industries. Chapter six deals with the national information and communication technology (ICT) infrastructure, addressing related applications, institutions, and regulations, as well as access to that infrastructure and the development of the skills needed to build, maintain, and use it. Chapter seven looks at primary and secondary education, higher education, and lifelong learning from a KE perspective, providing insights on the mobility of human resources and the role of diasporas. Chapter eight discusses policy agendas for selected sets of countries.

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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/6853/411720PAPER0Kn101OFFICIAL0USE0ONLY1.pdf?sequence=1
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    Bibliographic Info

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    This book is provided by The World Bank in its series World Bank Publications with number 6853 and published in 2007.

    ISBN: 978-0-8213-6957-9
    Handle: RePEc:wbk:wbpubs:6853

    Contact details of provider:
    Postal: 1818 H Street, N.W., Washington, DC 20433
    Phone: (202) 477-1234
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    Web page: https://openknowledge.worldbank.org
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    Related research

    Keywords: Agricultural Knowledge and Information Systems Information and Communication Technologies - ICT Policy and Strategies Private Sector Development - E-Business Macroeconomics and Economic Growth - Knowledge Economy Environmental Economics and Policies Environment Agriculture;

    References

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    1. Jeffrey D. Sachs & Andrew M. Warner, 1995. "Natural Resource Abundance and Economic Growth," NBER Working Papers 5398, National Bureau of Economic Research, Inc.
    2. José-Miguel Benavente & Luiz de Mello & Nanno Mulder, 2005. "Fostering Innovation in Chile," OECD Economics Department Working Papers 454, OECD Publishing.
    3. Yevgeny Kuznetsov, 2006. "Diaspora Networks and the International Migration of Skills : How Countries Can Draw on their Talent Abroad," World Bank Publications, The World Bank, number 7008, October.
    4. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc.
    5. Anil K. Gupta, 2006. "From Sink to Source: The Honey Bee Network Documents Indigenous Knowledge and Innovations in India," Innovations: Technology, Governance, Globalization, MIT Press, vol. 1(3), pages 49-66, July.
    6. David H. Autor & Frank Levy & Richard J. Murnane, 2003. "The Skill Content Of Recent Technological Change: An Empirical Exploration," The Quarterly Journal of Economics, MIT Press, vol. 118(4), pages 1279-1333, November.
    7. Adams, James D, 1990. "Fundamental Stocks of Knowledge and Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 673-702, August.
    8. Sunita Kikeri & Thomas Kenyon & Vincent Palmade, 2006. "Reforming the Investment Climate : Lessons for Practitioners," World Bank Publications, The World Bank, number 7096, October.
    9. Watkins, Alfred, 2003. "From knowledge to wealth : transforming Russian science and technology for a modern knowledge economy," Policy Research Working Paper Series 2974, The World Bank.
    10. Daron Acemoglu & Simon Johnson & James A. Robinson, 2000. "The Colonial Origins of Comparative Development: An Empirical Investigation," NBER Working Papers 7771, National Bureau of Economic Research, Inc.
    11. Shahid Yusuf & Kaoru Nabeshima, 2006. "Postindustrial East Asian Cities : Innovation for Growth," World Bank Publications, The World Bank, number 7102, October.
    12. Daniel Cohen & Marcelo Soto, 2007. "Growth and human capital: good data, good results," Journal of Economic Growth, Springer, vol. 12(1), pages 51-76, March.
    13. Yusuf Shahid & M. Anjum Altaf & Kaoru Nabeshima, 2004. "Global Change and East Asian Policy Initiatives," World Bank Publications, The World Bank, number 14928, October.
    14. Fujita, Masahisa, 2006. "Economic development capitalizing on brand agriculture : turning development strategy on its head," IDE Discussion Papers 76, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    15. Andrea Tokman, 2004. "Education and Economic Growth in Chile," Working Papers Central Bank of Chile 289, Central Bank of Chile.
    16. Christine Zhen-Wei Qiang & Alexander Pitt & Seth Ayers, 2004. "Contribution of Information and Communication Technologies to Growth," World Bank Publications, The World Bank, number 15059, October.
    17. Lynn Mytelka, 2000. "Local Systems Of Innovation In A Globalized World Economy," Industry and Innovation, Taylor & Francis Journals, vol. 7(1), pages 15-32.
    18. Richard K. Johanson & Arvil V. Adams, 2004. "Skills Development in Sub-Saharan Africa," World Bank Publications, The World Bank, number 15028, October.
    19. Shahid Yusuf, 2003. "Innovative East Asia : The Future of Growth," World Bank Publications, The World Bank, number 15158, October.
    20. Watson, Robert & Crawford, Michael & Farley, Sara, 2003. "Strategic approaches to science and technology in development," Policy Research Working Paper Series 3026, The World Bank.
    21. Rodrigo Fuentes & Verónica Mies, 2005. "Mirando el Desarrollo Económico de Chile: Una Comparación Internacional," Working Papers Central Bank of Chile 308, Central Bank of Chile.
    22. Bosch, Mariano & Lederman, Daniel & Maloney, William F., 2005. "Patenting and research and development : a global view," Policy Research Working Paper Series 3739, The World Bank.
    23. Palmade, Vincent, 2005. "Industry level analysis : the way to identify the binding constraints to economic growth," Policy Research Working Paper Series 3551, The World Bank.
    24. Kikeri, Sunita & Kenyon,Thomas & Palmade, Vincent, 2006. "Reforming the investment climate : lessons for practitioners," Policy Research Working Paper Series 3986, The World Bank.
    25. Carl Dahlman & Anuja Utz, 2005. "India and the Knowledge Economy : Leveraging Strengths and Opportunities," World Bank Publications, The World Bank, number 7356, October.
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    Cited by:
    1. Anuja Utz & Jean-Eric Aubert, 2013. "Transforming Arab Economies : The Knowledge and Innovation Road," World Bank Other Operational Studies 16134, The World Bank.
    2. Burja Vasile & Burja Camelia, 2013. "Drivers Of Knowledge Economy In The Eu’S Developing Countries," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 10-15, April.
    3. World Bank, 2008. "Thailand : Investment Climate Assessment Update," World Bank Other Operational Studies 7805, The World Bank.
    4. Mathies, Charles & Slaughter, Sheila, 2013. "University trustees as channels between academe and industry: Toward an understanding of the executive science network," Research Policy, Elsevier, vol. 42(6), pages 1286-1300.
    5. World Bank, 2010. "Innovation Policy : A Guide for Developing Countries," World Bank Publications, The World Bank, number 2460, October.

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