IDEAS home Printed from https://ideas.repec.org/b/wbk/wbpubs/6853.html

Building Knowledge Economies : Advanced Strategies for Development

Author

Listed:
  • World Bank

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.

Suggested Citation

  • World Bank, 2007. "Building Knowledge Economies : Advanced Strategies for Development," World Bank Publications - Books, The World Bank Group, number 6853, May.
    • Handle: RePEc:wbk:wbpubs:6853
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstreams/f091fe16-5989-5a57-ba26-efac3e753581/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lynn Mytelka, 2000. "Local Systems Of Innovation In A Globalized World Economy," Industry and Innovation, Taylor & Francis Journals, vol. 7(1), pages 15-32.
    2. repec:wbk:wbpubs:7008 is not listed on IDEAS
    3. 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.
    4. repec:wbk:wbpubs:6656 is not listed on IDEAS
    5. Sachs, J-D & Warner, A-M, 1995. "Natural Resource Abundance and Economic Growth," Papers 517a, Harvard - Institute for International Development.
    6. repec:wbk:wbpubs:7356 is not listed on IDEAS
    7. 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).
    8. Verónica Mies & Rodrigo Fuentes, 2005. "Mirando el Desarrollo Económico de Chile: Una Comparación Internacional," Documentos de Trabajo 287, Instituto de Economia. Pontificia Universidad Católica de Chile..
    9. David H. Autor & Frank Levy & Richard J. Murnane, 2003. "The skill content of recent technological change: an empirical exploration," Proceedings, Federal Reserve Bank of San Francisco, issue Nov.
    10. Meghana Ayyagari & Asli Demirgüç-Kunt & Vojislav Maksimovic, 2008. "How Important Are Financing Constraints? The Role of Finance in the Business Environment," The World Bank Economic Review, World Bank, vol. 22(3), pages 483-516, November.
    11. José-Miguel Benavente & Luiz de Mello & Nanno Mulder, 2005. "Fostering Innovation in Chile," OECD Economics Department Working Papers 454, OECD Publishing.
    12. 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.
    13. Watson, Robert & Crawford, Michael & Farley, Sara, 2003. "Strategic approaches to science and technology in development," Policy Research Working Paper Series 3026, The World Bank.
    14. repec:wbk:wbpubs:15059 is not listed on IDEAS
    15. repec:wbk:wbpubs:7102 is not listed on IDEAS
    16. 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.
    17. 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.
    18. 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.
    19. repec:wbk:wbpubs:15158 is not listed on IDEAS
    20. repec:wbk:wbpubs:6632 is not listed on IDEAS
    21. Andrea Tokman, 2004. "Education and Economic Growth in Chile," Working Papers Central Bank of Chile 289, Central Bank of Chile.
    22. 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.
    23. repec:wbk:wbpubs:6431 is not listed on IDEAS
    24. repec:wbk:wbpubs:14878 is not listed on IDEAS
    25. repec:wbk:wbpubs:14928 is not listed on IDEAS
    26. 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.
    27. Kikeri, Sunita & Kenyon,Thomas & Palmade, Vincent, 2006. "Reforming the investment climate : lessons for practitioners," Policy Research Working Paper Series 3986, The World Bank.
    28. repec:wbk:wbpubs:7096 is not listed on IDEAS
    29. repec:wbk:wbpubs:15028 is not listed on IDEAS
    30. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
    31. repec:wbk:wbpubs:15226 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lederman, Daniel,Saenz, Laura, 2005. "Innovation and development around the world, 1960-2000," Policy Research Working Paper Series 3774, The World Bank.
    2. Alsan, Marcella & Bloom, David E. & Canning, David, 2006. "The effect of population health on foreign direct investment inflows to low- and middle-income countries," World Development, Elsevier, vol. 34(4), pages 613-630, April.
    3. Eric A. Hanushek & Ludger Woessmann, 2011. "How much do educational outcomes matter in OECD countries? [‘Accountability and flexibility in public schools: Evidence from Boston’s charters and pilots’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 26(67), pages 427-491.
    4. Eric A. Hanushek & Ludger Wößmann, 2009. "Schooling, Cognitive Skills, and the Latin American Growth Puzzle," CESifo Working Paper Series 2667, CESifo.
    5. Capolupo, Rosa, 2009. "The New Growth Theories and Their Empirics after Twenty Years," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, vol. 3, pages 1-72.
    6. Eric Hanushek & Ludger Woessmann, 2012. "Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation," Journal of Economic Growth, Springer, vol. 17(4), pages 267-321, December.
    7. Puruweti Siyakiya & Muammer Mustafa Erdoğdu & Ebru Çağlayan Akay, 2023. "Impact of industrialisation on economic development in selected African and Asian economies: the role of institutional quality and investment climate," SN Business & Economics, Springer, vol. 3(12), pages 1-32, December.
    8. Jeffrey Frankel, 2012. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions," Growth Lab Working Papers 36, Harvard's Growth Lab.
    9. Barrett, Christopher B. & Swallow, Brent M., 2006. "Fractal poverty traps," World Development, Elsevier, vol. 34(1), pages 1-15, January.
    10. Serhan Cevik & Mohammad Rahmati, 2015. "Breaking the Curse of Sisyphus: An Empirical Analysis of Post-Conflict Economic Transitions," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 57(4), pages 569-597, December.
    11. Antonio Ciccone & Elias Papaioannou, 2009. "Human Capital, the Structure of Production, and Growth," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 66-82, February.
    12. Nicola Gennaioli & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2013. "Human Capital and Regional Development," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(1), pages 105-164.
    13. Pafadnam, Neerbewendé Abdoul Rachid, 2024. "How does implementing the Extractive Industries Transparency Initiative (EITI) affect economic growth? Evidence from developing countries," European Journal of Political Economy, Elsevier, vol. 85(C).
    14. Glawe, Linda & Wagner, Helmut, 2022. "Is schooling the same as learning? – The impact of the learning-adjusted years of schooling on growth in a dynamic panel data framework," World Development, Elsevier, vol. 151(C).
    15. Chukwuemelie Chukwubuikem Okpezune & Mehdi Seraj & Hüseyin Özdeşer, 2025. "The Relationship Between the Energy Market, Economic Growth, and Stock Market Performance: A Case Study of COMESA," Energies, MDPI, vol. 18(16), pages 1-24, August.
    16. Aribah Aslam, 2020. "The hotly debate of human capital and economic growth: why institutions may matter?," Quality & Quantity: International Journal of Methodology, Springer, vol. 54(4), pages 1351-1362, August.
    17. Jones, C.I., 2016. "The Facts of Economic Growth," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 3-69, Elsevier.
    18. Ulaşan, Bülent, 2011. "Cross-country growth empirics and model uncertainty: An overview," Economics Discussion Papers 2011-37, Kiel Institute for the World Economy.
    19. Brückner, Markus, 2010. "Natural resource dependence, non-tradables, and economic growth," Journal of Comparative Economics, Elsevier, vol. 38(4), pages 461-471, December.
    20. Erum, Naila & Sohag, Kazi & Said, Jamaliah & Musa, Kazi & Asghar, Muhammad Mansoor, 2024. "Governance, fiscal expenditure, and economic growth in OIC countries: Role of natural resources and information communication technology," Resources Policy, Elsevier, vol. 90(C).

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbpubs:6853. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon The email address of this maintainer does not seem to be valid anymore. Please ask Tal Ayalon to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.