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On the Obituary of Scientific Knowledge Monopoly

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  • Asongu Simplice

    ()
    (Yaoundé/Cameroun)

Abstract

The August 15th 2013 Shanghai Academic Rankings of World Universities (ARWU) should leave policy makers wondering about whether the impressive growth experienced by ‘latecomers in the industry\' has moved hand-in-hand with contribution to knowledge by means of scientific publications. Against this background, we model the obituary of scientific knowledge monopoly in 99 countries using 21 catch-up panels from 6 regions (South Asia, Europe & Central Asia, East Asia & the Pacific, Middle East & North Africa, Latin America & the Caribbean and, Sub-Saharan Africa). The findings broadly show that the obituary of scientific knowledge monopoly by developed countries is not in the near-horizon. Advanced nations that have mastered the dynamics of knowledge monopoly will continue to lead the course of knowledge economy. Justifications for the patterns and policy implications are discussed.

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Bibliographic Info

Paper provided by African Governance and Development Institute. in its series Working Papers with number 13/026.

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Length: 22
Date of creation: Sep 2013
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Publication status: Published in Economics Bulletin
Handle: RePEc:agd:wpaper:13/026

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Keywords: Research & Development; Catch-up; Knowledge Economy;

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  1. Simplice A, Asongu, 2012. "Fighting software piracy in Africa: how do legal origins and IPRs protection channels matter?," MPRA Paper 42766, University Library of Munich, Germany.
  2. Asongu, Simplice A. & Andrés, Antonio R. & Amavilah, Voxi S. H., 2013. "The Impact of Formal Institutions on Knowledge Economy," MPRA Paper 52206, University Library of Munich, Germany.
  3. Simplice Asongu, 2013. "Harmonizing IPRs on Software Piracy: Empirics of Trajectories in Africa," Journal of Business Ethics, Springer, vol. 118(1), pages 45-60, November.
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  5. Asongu Simplice, 2013. "Modeling the future of knowledge economy: evidence from SSA and MENA countries," Working Papers 13/015, African Governance and Development Institute..
  6. Giuseppe Bruno & Riccardo De Bonis, 2009. "Do Financial Systems Converge?: New Evidence from Household Financial Assets in Selected OECD Countries," OECD Statistics Working Papers 2009/1, OECD Publishing.
  7. Simplice A, Asongu, 2013. "The ‘Knowledge Economy’-finance nexus: how do IPRs matter in SSA and MENA countries?," MPRA Paper 43541, University Library of Munich, Germany.
  8. Jelili, Riadh Ben & Jellal, Mohamed, 2002. "Transferts des migrants tunisiens et qualification – théorie et évidence," L'Actualité Economique, Société Canadienne de Science Economique, vol. 78(3), pages 397-410, Septembre.
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  15. Asongu Simplice & Antonio R. Andrés, 2013. "Global dynamic timelines for IPRs harmonization against software piracy," Working Papers 13/010, African Governance and Development Institute..
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  20. Roberto Mazzoleni, 2008. "Catching Up and Academic Institutions: A Comparative Study of Past National Experiences," Journal of Development Studies, Taylor & Francis Journals, vol. 44(5), pages 678-700.
  21. Fung, Michael K., 2009. "Financial development and economic growth: Convergence or divergence?," Journal of International Money and Finance, Elsevier, vol. 28(1), pages 56-67, February.
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