The importance and impacts of knowledge at the macro-micro levels in the Arab Gulf countries
AbstractIn this paper, we use the data from the firm survey (2002) at the micro level and some recent and update current secondary data at the macro level to examine the importance (impacts) of tacit and codified sources of knowledge at firm and aggregate levels respectively. Our results at the macro level are consistent with the notion that tacit knowledge is complementary with schooling, while tacit knowledge and codified knowledge are positively correlated with GDP. Moreover, at the macro/aggregate level, our results show a significant complementary relationship between codified knowledge and the number of Full Time Equivalent Researchers (FTER) and between them and publications, cooperation and technology (patents). Our findings at the micro level indicate positive correlations between tacit knowledge, ICT, training, profit, output and output diversification. In addition, our findings illustrate that tacit skill/knowledge inside the firm increases with market size: total investment, capital, firm size and age. Our results are consistent with the findings in the knowledge literature and are also useful to indicate the importance of good education at both the micro and macro levels.
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Bibliographic InfoPaper provided by United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) in its series MERIT Working Papers with number 016.
Date of creation: 2013
Date of revision:
Tacit knowledge; codified knowledge; economic growth; Arab Gulf countries;
Find related papers by JEL classification:
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-11-29 (All new papers)
- NEP-ARA-2013-11-29 (MENA - Middle East & North Africa)
- NEP-CSE-2013-11-29 (Economics of Strategic Management)
- NEP-KNM-2013-11-29 (Knowledge Management & Knowledge Economy)
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