The Contribution of Education to the Advancement of the Knowledge Based Economy

2021 ◽  
Author(s):  
Aicha Douar
Keyword(s):  
Personal Experience ◽  
Decision Makers ◽  
Economic Crises ◽  
Capitalist Economy ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Innovation And Technology ◽  
Education Innovation ◽  
The Way ◽  
Alternative Economy

The economic crises which have been witnessed in the capitalist economy have led the decision makers to consider an alternative economy that could enable them to overcome those crises. The knowledge-based economy that invests in human thoughts has become a reliable alternative in its foundational dimensions such as education, innovation and technology. Focusing on education would make us ask: In what ways can a teacher invest in the learner’s thoughts? The objective of this research is to try to answer the raised question. Dealing with the previous studies besides listing the personal experience in teaching, and proposing a model lesson could lead to a result: the students link between their studies and make their innovations concrete and contributive to the economy of their country. Otherwise, this research will pave the way to more diligence.

scholarly journals Role of innovations and knowledge – infrastructure and institutions

2010 ◽  
Vol 4 (3-4) ◽  
pp. 7-10
Author(s):  
András Nábrádi
Keyword(s):  
National Income ◽  
Knowledge Generation ◽  
Knowledge Based ◽  
Knowledge Infrastructure ◽  
Knowledge Based Economy ◽  
Long Run ◽  
European Institute ◽  
Innovation And Technology ◽  
Capital Development

There is a well known saying: Research converts money into knowledge, innovation converts knowledge into money. The knowledge-based economy has four pillars: innovation, education, the economic and institutional regime, and information infrastructure. Transformation towards a knowledge-based economy will necessarily shift the proportion and growth of national income derived from knowledge-based industries, the percentage of the workforce employed in knowledge-based jobs and the ratio of firms using technology to innovate. Progress towards a knowledge-based economy will be driven by four elements: human capital development, knowledge generation and exploitation (R&D), knowledge infrastructure. Increased investment in these four areas will certainly have an impact. National experience, however, suggests that an incremental approach will not work. Nations that have achieved accelerated growth in outputs and capabilities have acted decisively, targeting investments in areas of strategic opportunity. The organizational and infrastructural improvement of research requires supranational cooperation and the promotion of the free movement of knowledge. Therefore, the EU decision on the establishment of the European Institute of Innovation and Technology (EIT), which ensures that the GDP proportion for research and development (R&D) shall achieve 3% stipulated by member states in the long run, is particularly welcome.

Knowledge Super Corridors in Southeast Asia

2012 ◽  
Vol 2 (2) ◽  
pp. 1-19
Author(s):  
Chun Kwong Han
Keyword(s):  
Southeast Asia ◽  
Structuration Theory ◽  
Status Quo ◽  
Decision Makers ◽  
Knowledge Based ◽  
Information Communications Technology ◽  
Knowledge Based Economy ◽  
New Knowledge ◽  
The Status ◽  
Political Decisions

Developing countries in Asia are in the process of transitioning from a production economy to a knowledge-based economy. Various new knowledge and information communications technology mega-projects are being designed and executed at the international, national, state and industry levels to sustain competitiveness. The structures and processes by which these so-called “knowledge super corridors” are developed and implemented are complex economic-social-political decisions. The author develops an enhanced framework from critical theory, whereby the critical practice lens provides an iterative reflexive process, firstly by developing knowledge for understanding from structuration theory. Secondly, the author provides a critique of underpinning assumptions and presumptions whereby the constraining conditions of the status quo and emancipation become knowable and explicit, that is, knowledge for evaluation. Thirdly, the knowledge for action generated will enable the decision makers to re-create, re-define, re-design, re-imagine, re-invent and re-vision pragmatic, doable and implementable programs to transform a developing country into a k-economy. The author illustrates the value of the enhanced model using two case studies concerned with formulating and implementing a k-economy blueprint and developing a knowledge portal in emerging k-economies in Southeast Asia.

MENA Countries Face the Challenge of the Knowledge-Based Economy

2022 ◽  
pp. 150-202
Author(s):  
Olfa Boussetta ◽  
Najeh Aissaoui ◽  
Fethi Sellaouti
Keyword(s):  
Economic Growth ◽  
Knowledge Economy ◽  
International Comparisons ◽  
Developed Countries ◽  
Dynamic Panel Data ◽  
Mena Countries ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Endogenous Growth Model ◽  
Education Innovation

The growing interest in the knowledge economy raises many questions about its effect on economic growth. The study aims to position a set of MENA countries in the context of the knowledge economy compared to developed countries. It also detects theoretically and empirically the knowledge effect on economic growth. To do this, the authors have estimated an endogenous growth model, using the dynamic panel data technique, for a sample of 16 MENA countries over 1995-2014. The results show that, despite the significant improvements that have registered in the knowledge economy pillars, the selected countries are still lagging compared to developed countries. Far from international comparisons, the internal effects of these knowledge pillars (education, innovation, ICT, institutional regime) on growth are positive and highly significant.

scholarly journals Considerations for Quality Assurance of E-Learning Provision

2019 ◽  
pp. 222-230
Author(s):  
Ebba Ossiannilsson
Keyword(s):  
Higher Education ◽  
Industrial Revolution ◽  
High Quality ◽  
Learning And Teaching ◽  
Knowledge Based ◽  
Quality Of Higher Education ◽  
Knowledge Based Economy ◽  
First Choice ◽  
Quality Aspects ◽  
The Way

Today’s learning landscape differs greatly from that of a few years ago (Bates, 2015; Daniel, 2016; Mathes, 2019; Ossiannilsson, Williams, Camilleri, Brown, 2015). The main global challenges highlighted so far and affecting and influencing education are globalization, changing demographics and increasing digitization (Schwab, 2016). The United Nations’ UNESCO sustainability goals aim to meet these challenges (2015a; 2015b). In the field of education, the SDG4 focuses on education for all through its core areas of access, equity, equality, equality, inclusion and lifelong learning. Mobile learning is the first choice for most people today. The way learners learn is changing dramatically, due to the fourth industrial revolution, not just the way we learn, but also the way we live, perform, communicate, and interact (Schwab, 2016). Today, learning is possible anywhere, anytime and through any type of device. In the context of globalization and the knowledge-based economy, the quality of higher education is increasingly seen as strategically important for national economic development and competitiveness. High quality and relevant higher education provide students with the knowledge, skills and transferable core competences they need to succeed after graduation, in a high-quality learning environment that recognizes and supports good learning and teaching. The combination of educational technologies is both natural and demanding, so quality aspects must be taken into account (Bates, 2017, Daniels, 2016, Heurtas et al., 2018).

Regional Innovation System in Lower Silesia

2013 ◽  
pp. 134-152 ◽  
Author(s):  
Miroslaw Miller
Keyword(s):  
Regional Scale ◽  
Innovation System ◽  
Regional Innovation ◽  
Structural Funds ◽  
Knowledge Based ◽  
Knowledge Triangle ◽  
Knowledge Based Economy ◽  
Innovation And Technology ◽  
Knowledge Intensive ◽  
Lower Silesia

Knowledge Based Economy is the key to realize the Lisbon strategy for Europe on global and regional scale. Wroclaw’s EIT Plus strategy will stimulate knowledge-intensive growth of Wroclaw and the Lower Silesia region by concerted effort of the knowledge triangle stakeholders. The cooperation with the neighbouring regions will contribute to establishing a significant knowledge-based economy region in this part of Central Europe and, consequently, should also lead to strengthening the economic position of Poland. EIT Plus Programme refers to the goals of the visionary EC initiative to establish the European Institute of Innovation and Technology. Initial financing for the EIT Plus Programme of ca 200 Mio. € comes from the EU structural funds for 2008-2014. Several core projects for implementation of the EIT Plus programme have been prepared by a new entity, Wroclaw Research Centre EIT Plus Ltd being a company established in 2008 by the City of Wroclaw, the Lower Silesia Region and Wroclaw universities.

scholarly journals MANAGING UNCERTAINTY AND AMBIGUITY IN GATES: DECISION MAKING IN AEROSPACE PRODUCT DEVELOPMENT

2014 ◽  
Vol 11 (02) ◽  
pp. 1450012 ◽  
Author(s):  
CHRISTIAN JOHANSSON
Keyword(s):  
Decision Making ◽  
Product Development ◽  
Knowledge Base ◽  
Decision Makers ◽  
Knowledge Based ◽  
The Way

This paper investigates decision making in the stage-gate process used by an aerospace manufacturer. More specifically, it focuses on the way decision makers deal with uncertainties and ambiguities when making decisions. The stage-gate model was found to be a discussion trigger — a boundary negotiating artefact — through which stakeholders bring issues to the table, reflect on uncertainties, and decide in what areas more knowledge is needed. Managers should be aware that the knowledge base might not always be perfect and should make use of the sensemaking capabilities of the stage-gate model and the gate meeting to mitigate and improve the knowledge base. This paper elaborates on formalized knowledge-based criteria so as to support this evaluation of the knowledge base.

From Freezing to Investing: New Approaches to Monetary and Currency Policies

2008 ◽  
pp. 47-55
Author(s):  
A. Nekipelov ◽  
Yu. Goland
Keyword(s):  
Economic Policy ◽  
Property Rights ◽  
Main Idea ◽  
State Intervention ◽  
Economic Thought ◽  
Human Potential ◽  
Knowledge Based ◽  
Russian Economy ◽  
Knowledge Based Economy

The appeals to minimize state intervention in the Russian economy are counterproductive. However the excessive involvement of the state is fraught with the threat of building nomenclature capitalism. That is the main idea of the series of articles by prominent representatives of Russian economic thought who formulate their position on key elements of the long-term strategy of Russia’s development. The articles deal with such important issues as Russia’s economic policy, transition to knowledge-based economy, basic directions of monetary and structural policies, strengthening of property rights, development of human potential, foreign economic priorities of our state.

Creativity Class

2016 ◽  
Author(s):  
Lily Chumley
Keyword(s):  
Socialist Economy ◽  
Art Students ◽  
Culture Industries ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
School Entrance ◽  
Prep Schools ◽  
Entrance Test ◽  
Art Academies ◽  
Art School

The last three decades have seen a massive expansion of China's visual culture industries, from architecture and graphic design to fine art and fashion. New ideologies of creativity and creative practices have reshaped the training of a new generation of art school graduates. This is the first book to explore how Chinese art students develop, embody, and promote their own personalities and styles as they move from art school entrance test preparation, to art school, to work in the country's burgeoning culture industries. The book shows the connections between this creative explosion and the Chinese government's explicit goal of cultivating creative human capital in a new “market socialist” economy where value is produced through innovation. Drawing on years of fieldwork in China's leading art academies and art test prep schools, the book combines ethnography and oral history with analyses of contemporary avant-garde and official art, popular media, and propaganda. Examining the rise of a Chinese artistic vanguard and creative knowledge-based economy, the book sheds light on an important facet of today's China.

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