Publication: Building Knowledge Economies : Advanced Strategies for Development
Date
2007
ISSN
Published
2007
Author(s)
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.
Citation
“World Bank. 2007. Building Knowledge Economies : Advanced Strategies for Development. WBI Development Studies. © Washington, DC: World Bank. http://hdl.handle.net/10986/6853 License: CC BY 3.0 IGO.”