IDEAS home Printed from https://ideas.repec.org/p/dbn/wseris/4008.html
   My bibliography  Save this paper

Knowledge-Driven Economic Growth: The Case of Sub-Saharan Africa

Author

Listed:
  • Stephen Oluwatobi

    (Hebron Startup Lab, Covenant University, Ota, Ogun State, Nigeria.)

  • Isaiah Olurinola

    (Economics and Development Studies Department, Covenant University, Ota, Ogun State, Nigeria.)

  • Philip Alege

    (Economics and Development Studies Department, Covenant University, Ota, Ogun State, Nigeria.)

  • Adeyemi Ogundipe

    (Economics and Development Studies Department, Covenant University, Ota, Ogun State, Nigeria.)

Abstract

The experience of South Korea, India, China and Singapore reveals that developing economies can fast track development, leapfrog the stage of development and catch up with advanced economies by putting knowledge capital as the driver of development. If the knowledge economy is therefore an accelerant of development for both advanced and developing econmies, it is possible for Sub-Saharan African (SSA) economies to also catch up with advanced economies.

Suggested Citation

  • Stephen Oluwatobi & Isaiah Olurinola & Philip Alege & Adeyemi Ogundipe, 2018. "Knowledge-Driven Economic Growth: The Case of Sub-Saharan Africa," Working Papers 2 4008, Office Of The Chief Economist, Development Bank of Nigeria.
    • Handle: RePEc:dbn:wseris:4008
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xia Cao & Tianjiao Zhao & Zeyu Xing, 2022. "How Do Government Policies Promote Green Housing Diffusion in China? A Complex Network Game Context," IJERPH, MDPI, vol. 19(4), pages 1-23, February.
    2. Simplice A. Asongu, Nicholas M. Odhiambo, 2021. "Taxation, foreign aid and political governance in Africa," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 18(2), pages 217-249, December.
    3. Simplice A. Asongu & Raufhon Salahodjaev, 2023. "Demand-Side Mobile Money Drivers of Financial Inclusion: Minimum Economic Growth Thresholds for Mobile Money Innovations," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(4), pages 4848-4865, December.
    4. Simplice A. Asongu & Nicholas M. Odhiambo, 2022. "The of role economic growth in modulating mobile connectivity dynamics for financial inclusion in developing countries," Working Papers 22/013, European Xtramile Centre of African Studies (EXCAS).
    5. 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).
    6. Simplice A. Asongu & Joseph I. Uduji & Elda N. Okolo-Obasi, 2020. "Foreign aid volatility and lifelong learning," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 11(4), pages 370-406.
    7. Voxi Heinrich Amavilah & Antonio Rodriguez Andres, 2022. "Knowledge Economy and the Economic Performance of African Countries: A Seemingly Unrelated and Recursive Approach," Working Papers 57, The German University in Cairo, Faculty of Management Technology.
    8. Dokas, Ioannis & Panagiotidis, Minas & Papadamou, Stephanos & Spyromitros, Eleftherios, 2023. "Does innovation affect the impact of corruption on economic growth? International evidence," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1030-1054.
    9. 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.
    10. Mohsen Ahmadi, 2021. "A Computational Approach to Uncovering Economic Growth Factors," Computational Economics, Springer;Society for Computational Economics, vol. 58(4), pages 1051-1076, December.
    11. 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.
    12. Adeyemi A. Ogundipe & Favour O. Olarewaju, 2020. "Manufacturing Output and Labour Productivity: Evidence from ECOWAS," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 9, September.
    13. Joy V. Nyondo & Patrício V. Langa, 2021. "Emerging Research University in Africa: Divergent Views on Relevance and Experiences," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 1, pages 237-256.
    14. Favour O. Olarewaju & Oluwafadekemi S. Areo & Adeyemi A. Ogundipe & Toun Y. Ogunbiyi & Abiola J. Asaleye, 2020. "Capital and Labour Productivity: A Comparative Study of Nigeria and South Africa," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(12), pages 1384-1395, December.

    More about this item

    Keywords

    Economic Growth; Human Capital; ICT; Innovation; Institutions; Knowledge Economy.;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

    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:dbn:wseris:4008. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Abiodun Ijaware (email available below). General contact details of provider: https://edirc.repec.org/data/dbnabng.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.