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The Knowledge Economy & the Knowledge Assessment Methodology (The case study of Iran & Some other Countries)

Author

Listed:
  • Ebrahim Gorji

    (Professor, Facuallty of Economics, Universityof Tehran)

  • Masoomeh Alipourian

    (M.A. Student in Economics)

Abstract

This paper introduces a simple knowledge economy benchmarking tool, the Knowledge Assessment Methodology (KAM), which was designed by the World Bank Institute, to help countries identify problems and opportunities that they may face, and where it may need to focus policy attention or future investments, with respect to making the transition to the knowledge economy. The Knowledge Assessment Methodology based on the four pillars: education, innovation, information and communication technologies, and a conducive economic and institutional environment, which asserts that sustained investments on these pillars, will lead to sustained economic growth. Iran, on realization of the relative global position in terms of the knowledge economy, needs to develop coherent policies that place knowledge at the core of its development strategies, especially about the economic incentive regime and investment on education and innovation.

Suggested Citation

  • Ebrahim Gorji & Masoomeh Alipourian, 2011. "The Knowledge Economy & the Knowledge Assessment Methodology (The case study of Iran & Some other Countries)," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 16(2), pages 43-73, spring.
    • Handle: RePEc:eut:journl:v:16:y:2011:i:2:p:43
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    References listed on IDEAS

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    1. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
    2. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
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    Cited by:

    1. Koketso Phale & Fanglin Li & Isaac Adjei Mensah & Akoto Yaw Omari-Sasu & Mohammed Musah, 2021. "Knowledge-Based Economy Capacity Building for Developing Countries: A Panel Analysis in Southern African Development Community," Sustainability, MDPI, vol. 13(5), pages 1-28, March.

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