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Building Knowledge-Based Economies in Africa: A Systematic Review of Policies and Strategies

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  • Simplice A. Asongu

    (Yaoundé/Cameroon)

  • Nicholas M. Odhiambo

    (Pretoria, South Africa)

Abstract

Compared to other regions of the world, Africa is lagging in its drive toward knowledge-based economies. This study systematically reviews the literature in order to highlight the policies and strategies with which African countries can accelerate their current drive towards building knowledge-based economies. These are discussed in terms of three pillars of the World Bank’s knowledge economy framework. They are the indices for: (i) education and skilled population, (ii) information and communication technology and (iii) economic incentives and institutional regime.

Suggested Citation

  • Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Building Knowledge-Based Economies in Africa: A Systematic Review of Policies and Strategies," Research Africa Network Working Papers 19/072, Research Africa Network (RAN).
  • Handle: RePEc:abh:wpaper:19/072
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    Cited by:

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    2. Simplice A. Asongu & John Kuada, 2020. "Building knowledge economies in Africa: an introduction," Contemporary Social Science, Taylor & Francis Journals, vol. 15(1), pages 1-6, January.
    3. Olatunji A. Shobande & Simplice A. Asongu, 2021. "Has Knowledge Improved Economic Growth? Evidence from Nigeria and South Africa," Working Papers 21/059, European Xtramile Centre of African Studies (EXCAS).
    4. Emon Kalyan Chowdhury & Bablu Kumar Dhar & Md.Abu Issa Gazi, 2023. "Impact of Remittance on Economic Progress: Evidence from Low-Income Asian Frontier Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 382-407, March.
    5. Atiase, Victor Yawo & Kolade, Oluwaseun & Liedong, Tahiru Azaaviele, 2020. "The emergence and strategy of tech hubs in Africa: Implications for knowledge production and value creation," Technological Forecasting and Social Change, Elsevier, vol. 161(C).

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    More about this item

    Keywords

    Knowledge economy; Development; Africa;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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