The Governance of Knowledge
AbstractKnowledge has been defined as a major resource for development. Especially countries without natural resources have found this idea attractive and have embarked on development strategies to develop a knowledge-based economy. In doing so they may fall into a “knowledge trap”. The paper postulates an “epistemic backlash”, because an increase of knowledge leads to an even greater increase of ignorance, which is accompanied by an increase of risk and an increase of necessary research funds for the next stage of development. A shortage of high-level manpower is likely to occur, which will reduce the chances for further knowledge-based development. A careful governance of knowledge is needed to avoid the “knowledge trap”. Five knowledge strategies are discussed: developing an ICT infrastructure, creating knowledge-clusters, creating knowledge-hubs and centres of excellence and creating comparative advantages through the use of local knowledge. Examples are drawn and data presented from Brunei Darussalam, Indonesia, Malaysia and Singapore.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 44881.
Date of creation: 06 Feb 2013
Date of revision: 03 Mar 2013
knowlegde governance; knowledge and development; knowledge management; develoment; policy; Brunei; Malaysia; Indonesia; Singapore;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O2 - Economic Development, Technological Change, and Growth - - Development Planning and Policy
- Z1 - Other Special Topics - - Cultural Economics
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
- Z18 - Other Special Topics - - Cultural Economics - - - Public Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-03-16 (All new papers)
- NEP-CSE-2013-03-16 (Economics of Strategic Management)
- NEP-KNM-2013-03-16 (Knowledge Management & Knowledge Economy)
- NEP-SEA-2013-03-16 (South East Asia)
You can help add them by filling out this form.
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