Emerging Technology Transfer, Economic Development and Policy in Africa

2012 ◽  
pp. 1621-1634
Author(s):  
Alfred Kisubi ◽  
Chi Anyansi-Archibong ◽  
Ngozi C. Kamalu ◽  
Johnson A. Kamalu ◽  
Michael U. Adikwu
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Technology Transfer ◽  
Knowledge Economy ◽  
Good Governance ◽  
Developing Nations ◽  
Emerging Technology ◽  
New Model ◽  
Incremental Value ◽  
Research And Education

No nation can succeed economically without a strong and solid scientific educational base particularly in this era of knowledge economy. In many developing nations, the resources to develop both the human capital and infrastructure for education are inadequate. Specifically, in Africa, the intellectual capabilities on nanotechnology and microelectronics research and education are still evolving and some foundation technologies like electricity and ICT needed to drive and support them are not available. Lack of management efficiency and good governance continue to stall progress in the continent. In these matrixed four sub-chapters, these issues are discussed including a new model, Generic and Incremental Value (GIV), proposed for African development.

Emerging Technology Transfer, Economic Development and Policy in Africa

2010 ◽  
pp. 399-413
Author(s):  
Alfred Kisubi ◽  
Chi Anyansi-Archibong ◽  
Ngozi C. Kamalu ◽  
Johnson A. Kamalu ◽  
Michael U. Adikwu
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Technology Transfer ◽  
Knowledge Economy ◽  
Good Governance ◽  
Developing Nations ◽  
Emerging Technology ◽  
New Model ◽  
Incremental Value ◽  
Research And Education

No nation can succeed economically without a strong and solid scientific educational base particularly in this era of knowledge economy. In many developing nations, the resources to develop both the human capital and infrastructure for education are inadequate. Specifically, in Africa, the intellectual capabilities on nanotechnology and microelectronics research and education are still evolving and some foundation technologies like electricity and ICT needed to drive and support them are not available. Lack of management efficiency and good governance continue to stall progress in the continent. In these matrixed four sub-chapters, these issues are discussed including a new model, Generic and Incremental Value (GIV), proposed for African development.

scholarly journals Human Capital as an Object of Accounting in the Knowledge Economy

2019 ◽  
Vol 71 ◽  
pp. 05003
Author(s):  
O. Kogut
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Knowledge Economy ◽  
Practical Interest ◽  
Main Role ◽  
Independent Factor ◽  
Modern Economy ◽  
Productive Factor ◽  
Definition Of

The modern economy is called the economy of effective human capital, which emphasizes its main role in the development of the economy and society as a productive factor. Human capital is becoming the most important factor in the country's economic growth, the foundation of sustainable economic development. The article considers approaches to the definition of the concept and theoretical content of the category of human capital, its importance for the development of areas of science and practice. It is revealed that human capital is a necessary independent factor determining economic growth. The necessity of reflecting human capital in the system of accounting and reporting of firms is substantiated. The main problems of recognition of this most important factor of production are revealed, the directions of their further solution are determined. The scientific and practical necessity of introducing a new object of accounting and analysis of human capital is substantiated. The article contains information and conclusions that are of practical interest to firms.

Education, Economic Development, and Technology Transfer: A Colonial Test

1989 ◽  
Vol 49 (4) ◽  
pp. 939-957 ◽  
Author(s):  
John R. Hanson
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Technology Transfer ◽  
Third World ◽  
Manufacturing Sector ◽  
Modern Technology ◽  
Formal Schooling ◽  
Mineral Sector ◽  
The Third ◽  
The Third World

I test the hypothesis advanced by Richard Easterlin and others that the importation of modern technology and prospects for economic development in the Third World are principally a function of the local population's formal schooling. According to orthodoxy, manufacturing more than any other sector should repay investment in human capital. Yet the correlation of schooling with the manufacturing sector is much lower than with the mineral sector, an enclave in colonial economies and a symbol of underdevelopment.

scholarly journals The New Institutional Economics Approach to Economic Development: A Discussion of Social, Political, Legal, and Economic Institutions

2006 ◽  
Vol 45 (4II) ◽  
pp. 965-980 ◽  
Author(s):  
Omar Azfar
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Latin America ◽  
Institutional Economics ◽  
Slow Growth ◽  
Good Governance ◽  
Physical Capital ◽  
Asian Financial Crisis ◽  
New Institutional Economics ◽  
The World

The last 50 years of development economics have seen hopes for global development raised high and dashed time and again. While there has been positive, sometimes even impressive, growth in many countries, in most of the world experience has not matched expectations. The accumulation of physical capital and human capital, liberalisation and privatisation have all been proposed as the elixirs of growth. While all these arguments have some merit, by themselves they are incomplete solutions to the problem of development. The disappointing performance of the post-Communist transition, the slow growth of the 1970s and 80s in Africa and Latin America, and the Asian financial crisis of the 1990s were all rooted in poor governance. Good governance involves aligning the incentives of agents with the interests of principals in both economic and political spheres. This paper describes some insights from New Institutional Economics on how best to design these incentives.

scholarly journals Problems and prospects of the "New Economy" as an institutional basis of international business in the conditions of globalization

2020 ◽  
pp. 33-36
Author(s):  
Yuliia PRODIUS ◽  
Kateryna LYKHASHCHENKO ◽  
Hanna SHARKOVA
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Knowledge Economy ◽  
Technological Progress ◽  
New Economy ◽  
Economic Life ◽  
Advantages And Disadvantages ◽  
Advanced Technologies ◽  
Innovative Management ◽  
Post Industrial

Introduction. The emergence of the term "New Economy" is associated with the development of modern electronic information technology, the formation of the information system of the Internet. The new economy is a systemic phenomenon that is gradually formed within the post-industrial period of economic development through the introduction of scientific and technological progress and innovative management methods, intellectualization of human capital, the use of advanced technologies and scientific and economic sectors of the national economy. The new economy is formed on the basis of the intellectualization of production and all economic life. The purpose of the paper is the identification and study of the term “New Economy”, analysis of its advantages and disadvantages. Consideration of characteristics and priority directions in development, identification of the basis of the new economy. Describe the benefits of the new economy. Result. The main characteristics of the new economy are knowledge. They are considered as a productive factor and a strategic resource. In a “new economy” a product is produced, wealth is the result of the application of knowledge, which is both a resource used to create goods and services, and an element of infrastructure. The new economy is a systemic phenomenon that is gradually formed within the post-industrial period of economic development through the introduction of scientific and technological progress and innovative management methods, intellectualization of human capital, the use of advanced technologies and knowledge-intensive industries. Conclusion. The above features allow us to define the "New Economy" as a process of formation and development of the world economy, which is global in nature, subject to social progress and economic growth is achieved using a new factor of production – constantly updated knowledge (“knowledge economy”) includes the "knowledge economy" of its mechanism of knowledge production, infrastructure and resource potential.

scholarly journals ЩОДО ПИТАННЯ МІЖНАРОДНОГО ДОСВІДУ ТА ПЕРСПЕКТИВ РОЗВИТКУ ЕКОНОМІКИ ЗНАНЬ В УКРАЇНІ

2019 ◽  
Vol 135 (3) ◽  
pp. 48-55
Author(s):  
Надія Василівна Рощина ◽  
Наталя Олександрівна Черненко
Keyword(s):  
European Union ◽  
Economic Development ◽  
Information And Communication Technologies ◽  
Knowledge Economy ◽  
The European Union ◽  
Property Market ◽  
Depth Study ◽  
Innovation Model ◽  
Complex Solutions ◽  
Research And Education

The article explores the basic principles of the knowledge economy concept in modern realia of Ukraine and the European Union together with identifying the relationship between GDP growth and social welfare, on the one hand, and the quality of education and science – on the other. The European Union best practices on the implementation of knowledge economy and the opportunities it provides to Ukraine have been reviewed. The study offers insights on the current state of knowledge economy implementation in Ukraine and the major indicators that affect its successful development. Based on the research data, the key reasons behind the low level of knowledge economy in Ukraine and the bottlenecks to its development have been disclosed, specifically they are the low innovativeness of the Ukrainian economy and the lag in the area of information and communication technologies. Complex solutions to the above problems are proposed along with providing benefits of investing into research and education. In the context of enhancing the competitiveness of Ukraine’s economy, emphasis is put on the need to create a favorable organizational and economic environment for developing the intellectual property market, promoting innovative entrepreneurship and facilitating innovation infrastructure. It is argued that the suggested pathways will contribute to handling the current economic challenges providing proper background for implementing an innovation model of Ukraine’s economic development. Integrated approaches to conducting an in-depth-study of the knowledge economy in Ukraine are proposed with a focus to enhance investments into education and science. The theoretical significance of the study is to establish a relationship between education, science and economic development in the frameworks of knowledge economy in Europe and Ukraine. The practical implications of the research are aimed at identifying the most successful pathways to implement the sustainable knowledge economy paradigm in Ukraine.

scholarly journals Human Capital Management Under the Conditions of the Postmodern Society in the Context of Ensuring the Economic Safety of the Enterprise

2021 ◽  
Vol 12 (1) ◽  
pp. 267-283
Author(s):  
Zinaida Zhyvko ◽  
Iryna Gorban ◽  
Nadiia Marushko ◽  
Maryna Korzh ◽  
Nataliia Korogod
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Knowledge Economy ◽  
National Economy ◽  
Economic Security ◽  
Basic Component ◽  
Human Capital Management ◽  
Modern Economy ◽  
The Subject ◽  
Object Of Study

In today's conditions of postmodern space the most significant resource of the modern economy, which is being formed in the leading countries of economic development, is human capital. The main goal of the article is to study the process of managing the formation of human capital in the functioning postmodern society as the basis of the national economy and ensuring the economic security of the enterprise. The basic components of human capital are determined on the basis of the analysis. It is established that the basic component is knowledge that affects others and in postmodern conditions of development of the national economy and determines the process of development of human capital. At the same time, the process of forming knowledge, in accordance with the principles of the functioning of the knowledge economy, is associated with the availability and possibility of obtaining information. The object of study is the enterprises of Eastern Europe. The subject of the study is human capital, the economic security system of the enterprise The results of the study allowed us to develop a model for the formation of human capital and to form a mechanism for ensuring the economic security of the enterprise through management of the formation of human capital under the conditions of the postmodern society.

Waiting for a New Model of Growth: Russia’s Social and Economic Development in 2013

2014 ◽  
pp. 4-32 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Economic Performance ◽  
Growth Rates ◽  
Global Crisis ◽  
New Model ◽  
Social And Economic Development ◽  
Economic Risks

The paper deals with Russian social and economic development in 2013 and prospects for the next year or two. The author discusses the logic and trends of the global crisis started in 2008. This is the basis for further analysis of current Russian economic performance with special emphasis on the problem of growth rates deceleration. Special attention is paid to economic risks and priorities of economic policy.

Charismatic Movements, State Relations and Public Governance in Sierra Leone

2017 ◽  
Vol 23 (3) ◽  
pp. 237-256
Author(s):  
Joseph Bosco Bangura
Keyword(s):  
Economic Development ◽  
Sierra Leone ◽  
Good Governance ◽  
Christian Faith ◽  
Church Development ◽  
Public Governance ◽  
Socio Economic Development ◽  
State Relations ◽  
New Church Development ◽  
The Church

Sierra Leone has seen the rise of Charismatic movements that are bringing about greater levels of co-operation with the state. This new church development aims at renewing the Christian faith and projecting a more proactive role towards public governance. This ecclesial development shows that African Pentecostal/Charismatic theology appears to be moving away from the perceived isolationist theology that once separated the church from involvement with the rest of society. By reapplying the movement's eschatological beliefs, Charismatics are presenting themselves as moral crusaders who regard it as their responsibility to transform public governance. The article probes this relationship so that the Charismatic understanding of poverty, prosperity, good governance and socio-economic development in Sierra Leone can be more clearly established.

Transformation of the intellectual capital structure and a growth in the significance of its components – human capital and intellectual property – in today's economy

2020 ◽  
Vol 16 (4) ◽  
pp. 745-758
Author(s):  
S.N. Larin ◽  
E.Yu. Khrustalev ◽  
N.V. Noakk
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Intellectual Property ◽  
Intellectual Capital ◽  
Global Economy ◽  
Information Technologies ◽  
Economic Community ◽  
Intellectual Activity ◽  
Accelerated Growth ◽  
Definition Of

Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions and Relevance. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components.

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