scholarly journals Role of Higher Education in Creation of Knowledge Economy in Punjab, Pakistan

2021 ◽  
Vol 9 (36) ◽  
pp. 38-50
Author(s):  
Sajida Parveen ◽  
Babak Mahmood ◽  
Saira Siddiqui ◽  
Ayesha Ch. ◽  
Mudassar Mushtaq
Keyword(s):  
Knowledge Economy ◽  
Educational Institutions ◽  
Public And Private ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Development Goals ◽  
Access To Knowledge ◽  
Capital Development ◽  
Gathering Data

Knowledge is working as an engine in achieving sustainable economic development goals for societies who are shifting from labor intensive economy to knowledge based economy like Pakistan. Education works like a backbone in knowledge based economies. Hence, the current research is planned to find out that is the educational institutions of Pakistan are contribution in production of new knowledge or not. Survey was the technique used by researcher for collection of information. Tool for gathering data was questionnaire and sample was selected from six public and private universities of Punjab Pakistan by applying simple random technique while the sample size was comprised of 606 respondents. Both descriptive and inferential statistical techniques were considered to analyze the data. Association found between the efforts made by higher educational institutions by providing access to knowledge, rich infrastructure, funds, incentives, research and development, human capital development, collaboration with industry and creation of knowledge economy.

General Prospects and Contending Issues in Malaysian ICT Policy

2014 ◽  
pp. 230-249
Keyword(s):  
Innovation Policy ◽  
Internet Technology ◽  
Public And Private ◽  
Knowledge Based ◽  
Role Of The State ◽  
Knowledge Based Economy ◽  
Digital Gap ◽  
Public And Private Sector ◽  
Trade And Investment

Malaysia was one of the early adopters of Internet technology to steer innovation policy in a direction that is making the country become a knowledge-based economy. This notion of knowledge-based economy driven by ICT is best exemplified by the borderless connectivity, interactivity, and networking. Since the middle of 1990s, there have been gradual but systematic public and private sector initiatives towards ICT agenda with the prominent role of the state. This chapter aims to unpack ICT developments and examine the implications of the post-MSC formation for Malaysia and its associated issues and challenges. Second, the discussion provides an overview of MSC performance and its importance for enhancing growth, trade, and investment; reducing the digital gap; nurturing innovation; and achieving more inclusive societies. Third, some issues and challenges in MSC development are also highlighted.

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.

The Creative Class and the Shift Towards the Knowledge Economy in Egypt

2021 ◽  
pp. 85-101
Author(s):  
Hiba Muhammad Aboaleneen
Keyword(s):  
Knowledge Economy ◽  
Secondary Data ◽  
Review Literature ◽  
Creative Class ◽  
Global Competition ◽  
Literature Analysis ◽  
Knowledge Based ◽  
Knowledge Based Economy

This chapter discusses the role of the creative class in the shift towards a knowledge economy in Egypt and aims to know whether the Egyptian society has an effective creative class capable of creating knowledge, disseminating it and employing it, and solving society's problems in line with the nature of the knowledge economy. This is done by spotlight on the changes in economic patterns and employment development in Egypt, revealing the emergence of a creative class that works as a driver to push the Egyptian economy to shift towards a knowledge economy, and illuminating the most important challenges that hinder its performance and effectiveness. The research follows a method of re-analysis, review literature, analysis of secondary data, and available statistics. The research came out with some recommendations which activate the performance of the creative class to shift towards a knowledge-based economy and global competition.

scholarly journals The Role of Universities in the Knowledge based Society

2016 ◽  
Vol 22 (1) ◽  
pp. 227-232
Author(s):  
Andreea Simina Răulea ◽  
Constantin Oprean ◽  
Mihail Aurel Ţîţu
Keyword(s):  
Intellectual Property ◽  
Knowledge Economy ◽  
Public Awareness ◽  
Well Being ◽  
Successful Implementation ◽  
Knowledge Based ◽  
The People ◽  
Knowledge Based Economy ◽  
Clear Idea

Abstract As a concept, knowledge covers vast ground and has multiple meanings. In the present day, it is frequently encountered through the term ‘knowledge economy,’ which is usually used to refer to the importance of knowledge as a contemporary commodity. Public awareness of the importance of intellectual property in the information age is essential to the successful implementation and growth of the knowledge economy. Most people do not have a very clear idea about the role of intellectual property in encouraging creativity and the importance to our economic well-being. While it is necessary to increase public awareness in this area, it will not be easy. Intellectual property is typically perceived as being incomprehensible because just a little part of the people has education in this field. IP education means the skills and competences that young people can be expected to acquire in the classroom that enable them to become familiar with intellectual property, understand its potential to generate income and economic growth and lead them to respect IP rights. This paper will present the role that universities play in the development of the knowledge based economy and the need to have more educational programs in this field.

scholarly journals Kształcenie na poziomie akademickim jako czynnik przygotowania kadr dla przemysłu województwa podkarpackiego

2008 ◽  
Vol 10 ◽  
pp. 245-266
Author(s):  
Monika Borowiec
Keyword(s):  
Regional Development ◽  
Educational System ◽  
Educational Institutions ◽  
Knowledge Based ◽  
Regional Systems ◽  
Knowledge Based Economy ◽  
Regional System

In the process of development of knowledge – based economy, education and science become essential factors leading to the improvement of intellectual resources, which influences the competitiveness of national and regional systems. The development of scientific and educational function takes place in different kinds of educational institutions. The academic centers are important elements of social-economie structure, which determine the process of formation of the regional development poles and increase of competitiveness of the regional system. The quality of intellectual supplies in the industry depends on the educational system and the structure of courses. The author emphasizes the role of education in the development of innovations and industry of the Podkarpackie Voivodeship.

scholarly journals Structural Challenges of Knowledge-Based Economy in Iran

2020 ◽  
Vol 15 (2) ◽  
Author(s):  
Mojtaba Valibeigi ◽  
Ahmad Mohammadi ◽  
Mojgan Valibeigi
Keyword(s):  
Economic Growth ◽  
Knowledge Economy ◽  
Public And Private ◽  
Economic Surplus ◽  
The Public ◽  
Knowledge Based ◽  
Private Organizations ◽  
Knowledge Based Economy ◽  
The Government ◽  
Definition Of

The knowledge-based firms can both flourish and grow and stimulate employment and economic growth. Iranian Knowledge-based firms’ protection law is the protection of small and medium knowledge-based firms which are at their elementary steps of growth and don’t have enough attraction to investors. Knowledge-based firms’ protection law in Iran faces to serious challenges that causes this law will not reach to its aim, same as the other protection laws for reducing unemployment and increasing the economic growth. The aim of the study is investigating of structural challenges of knowledge-based firms in Iran. First challenge is about the definition of these kind of firms which weren’t designed in accordance to demand and the knowledge economy and the learner's economy has been ignored. Second challenge is related to performance mechanisms in financial support and providing the facilities for these kind of firms, which reveals the weakness of mechanisms against the economic surplus and corruption. These challenges caused gaps including the weakness of needed mechanisms for the illegal subsidy banning, dependent situation of the innovation and prosperity fund, Khosoulati pressures, enterprise approach of the government, governmental inter-authority competition and the weakness of participant attraction of the public and private organizations that hinder the movement towards a knowledge-based economy.

The Contested Nature of Graduate Labour

2017 ◽  
Author(s):  
Gerbrand Tholen
Keyword(s):  
Higher Education ◽  
Labour Market ◽  
Knowledge Economy ◽  
Contemporary Society ◽  
Specialized Knowledge ◽  
The Public ◽  
Knowledge Based ◽  
Modern Capitalism ◽  
Knowledge Based Economy

This chapter assesses the dominant understanding of what graduate labour is. This continues to influence how we currently understand the work that graduates perform, their status, and the role of higher education in the economy. The chapter outlines the discourse on modern capitalism and in particular the knowledge economy and explains how it changed our vision of the graduate labour market. Contemporary society is portrayed as ever more complex, differentiated, and dependent on specialized knowledge. As a result graduate workers are understood to have a special place within the economy and labour market and their skills and abilities to be crucial for economic development. The chapter then contrasts these ideas with academic contributions criticizing the main assumptions of the knowledge-based economy discourse. Yet despite these contributions, the dominant discourse has not been fundamentally changed or been fundamentally challenged within the public domain.

scholarly journals The Role of Social Capital in Providing Economic Development

2021 ◽  
Vol 2 (48) ◽  
pp. 37-48
Author(s):  
A. O. Kurnosenko ◽  
◽  
H. V. Sytnyk ◽  
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Institutional Environment ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Social ◽  
Analysis And Synthesis ◽  
Capital Development ◽  
Business Financing

In the knowledge-based economy, the role of intangible factors in providing economic development is increasing, thus mainstreaming research on the methodological foundations forming such factors, as well as the mechanisms of their impact on the state of economies. One of such factors is social capital, which is a set of stable communications within institutional environment, whose work is based on trust. The article aims at revealing the role of social capital in providing economic development, in general, and assessing its impact on Ukraine’s economic development, in particular. The research is based on the principles of the systemic approach and was carried out using such methods as analysis and synthesis, logical generalization, graphical and tabular methods of data presentation, and systematization method. The ways in which social capital influences the development of the economy are analyzed. They can be traced in the reduction of the transaction costs level, government corruptness, and shadow economy; the creation of new available forms of business financing. Using the main indicators of the social capital level, it has become possible to establish relation between social cohesion, social conditions and economic development of states. Ukraine’s place among other states as for its social capital level is considered. Connection between social capital development, the dynamics of economic development, and prosperity index is proven.

Technology Strategies in the Knowledge Economy: The Licensing Activity of Himont

2003 ◽  
Vol 07 (02) ◽  
pp. 223-245 ◽  
Author(s):  
Fabrizio Cesaroni
Keyword(s):  
Knowledge Economy ◽  
Product Market ◽  
Technology Licensing ◽  
Process Technology ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Chemical Companies ◽  
Market For Technology ◽  
Technology Strategies

The exchange of technologies and technological knowledge — through joint-ventures, partnerships, licensing, cross-licensing, R&D contracts — and the upsurge of markets for technology are main features of the "knowledge-based" economy. Accordingly, companies are gradually changing their aptitude towards technology trading and exchange. This paper discusses the extent of technology licensing in chemicals, and considers the licensing strategies adopted by large chemical companies. Specifically, by analysing the case of Himont — widely involved in licensing its process technology — this paper explores the motivations for technology licensing, the managerial solutions that Himont adopted for licensing its technology, and the implications of this strategy in terms of antitrust policy. One of the main results emerging from the analysis is the role of external technology suppliers. By increasing the potential competition in the downstream product market, they create incentives for incumbent firms to license-out their technologies, and earn additional profits in the market for technology.

New Priorities and New Directions in African Outreach

1980 ◽  
Vol 10 (3-4) ◽  
pp. 1-4
Author(s):  
Marylee Wiley
Keyword(s):  
Public Service ◽  
Colleges And Universities ◽  
Educational Institutions ◽  
Community Media ◽  
Public And Private ◽  
Business Interests ◽  
New Directions ◽  
Agents Of Change ◽  
Private And Public

The concept of outreach has become associated with public service to community, media and business interests, to public and private educational institutions, and to African and Africanist academics at home and abroad lacking access to resources to pursue their studies and research. This paper is concerned chiefly with the role of colleges and universities in African studies outreach, which is not to minimize the importance of other agents of change, private and public, committed to the task of improving the quality and quantity of our understanding and knowledge of African affairs.

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