The Role of Innovative and Digital Technologies in Transforming Egypt Into a Knowledge-Based Economy

Author(s):  
Sherif H. Kamel ◽  
Nagla Rizk

Digital technology, artificial intelligence, the internet of things, and innovative technology applications are gradually transforming businesses and governments in emerging markets making them more competitive and offering opportunities for economic growth and prosperity. This chapter demonstrates Egypt's potential to enable a knowledge society through the deployment of emerging technology tools and applications across different sectors of the society. The chapter analyzes the critical success factors that are necessary for the realization of a digitally driven society where information is seamlessly exchanged for the optimal utilization of resources for decision-making purposes at the government, public, and private sector levels. The chapter highlights the need for the formulation of a nation-wide entrepreneurial ecosystem that promotes a tech-startup culture that can effectively contribute to transforming the society by enabling inclusion, universal access to the internet, more diversified educational opportunities and a comprehensive and conducive environment to development.

ETIKONOMI ◽  
2019 ◽  
Vol 18 (2) ◽  
pp. 233-248
Author(s):  
Somariah Fitriani ◽  
Sintha Wahjusaputri ◽  
Ahmad Diponegoro

Triple helix model is a model of a knowledge-based economy, which collaborates with the university, business, and government sectors to help small and medium enterprises (SMEs) boost their business. The issue is the three actors have not yet synergized optimally in the development of SMEs. Hence, this study was to identify the critical success factors of the triple helix model for SMEs. This study employed a meta-ethnography and factor analysis to obtain components and indicators of the success factors. The result showed that 37 items of critical success factors have good content validity and excellent homogeneity reliability. Based on these success factors, a triple helix model consisting of six stages has developed. It indicates that these critical success factors make an essential contribution to the development and success of SMEs to achieve the goal of the program.JEL Classification: L52, L53


Author(s):  
Jayapragas Gnaniah ◽  
Alvin W. Yeo ◽  
Hushairi Zen ◽  
Peter Songan ◽  
Khairuddin Ab. Hamid

The Malaysian government inspires the country to become a fully developed nation with an emphasis on knowledge-based economy by the year 2020. Though the government has been pushing aggressively for one household to own one computer and at least an Internet connection, it is difficult to see these desires and plans of the Malaysian government going beyond the borders of urban centres and small towns due to the limited infrastructure and amenities. In Sarawak, it has been noted that there are limited mechanisms to ensure that remote rural populations are able to get the same benefits as their urban counterparts due to its vast undeveloped areas and that the majority of Sarawak’s population live in such areas. Harris (1999) has remarked that even though Sarawak’s rural population was promised a full and equitable share in the benefits of national development, it has great potential to be sidelined in the nation’s quest towards a knowledge society. This situation, if left unchecked, would produce an “unbridgeable” digital gap between the developed urban communities and the technologically impoverished rural communities.


Author(s):  
Mojtaba Valibeigi ◽  
Ahmad Mohammadi ◽  
Mojgan Valibeigi

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.


2003 ◽  
Vol 2 (4) ◽  
pp. 545-563 ◽  
Author(s):  
Akiko Kamogawa

AbstractThe Malaysian government regards highly skilled human capital as the nucleus of a knowledge-based economy and has been attempting to reform higher-educational policies in both the public and private sectors since the mid-1990s. The research reported here seeks to evaluate higher-educational policy reform as it relates to the development of human resources in an era of information and communication technologies (ICT). This research has three goals: first, to determine how Malaysian higher-educational policies have changed by looking at socioeconomic backgrounds; second, to examine case studies of the Malaysia Multimedia University (MMU), Malaysia National University (UKM), and University Malaysia Sarawak (Unimas); and third, to discuss whether ICT is affecting access and course selection in higher education in terms of gender equality. The analysis reported here concludes that the new challenges facing Malaysia offer possibilities not only for bridging the digital divide, in some aspects, nationally, but also for Malaysia to emerge as fundamental to a South-South Corporation and as a Center of Excellence internationally. It will be pointed out how, and to what extent, the government of Malaysia should reconceptualize the Malaysia Super Corridor project (MSC) in order to become a fully developed nation, equipped as a knowledge society.


1998 ◽  
Vol 12 (4) ◽  
pp. 222-226
Author(s):  
Adelaide Maria Coelho Baěta

This paper examines the significance of the technology incubator in Brazil's transition from an industrial to a knowledge-based economy. The author examines how incubators can contribute to technology development and enterprise creation, stressing their ability to provide a two-way flow of information between higher education institutions and the private sector, breaking down the mutual distrust that has often hindered the successful exploitation of R&D in the past. The author discusses both the learning needs of companies and the ways in which universities need to change to adapt to the demands of the new knowledge society, placing this analysis in the context of how incubators can be organized to function efficiently. In illustration, she provides the working example of the Biominas Incubator in the state of Minas Gerais.


2020 ◽  
Vol 17 (1) ◽  
pp. 143-154
Author(s):  
Nada Torlak ◽  
Momčilo Jokić

In modern information and IT society, creativity is elevated to a pedestal as a condition for market success, but also survival. In other words, in post-industrial production, or the entire economy, and certainly media companies, which of course operate according to market principles and are based on information, creativity is the most wanted commodity. In the modern knowledge society, there has been a strong affirmation of the phenomenon of cultural, that is, creative industries that have great importance for the economic, social, political and general development of society. At the same time, changes in the economic, technological and cultural spheres have strongly influenced changes in the media, as an important creative industry. This means that media products (information, videos, pics) and the media are industry, not only because of the rating criteria which dictate the direction of business but also because it is about mass production and consumers. Creativity is an important strategic resource for increasing competitiveness in a knowledge-based economy. However, media policy does not encourage the systematic promotion of creativity. Consumerist entertainment industry suppresses and marginalizes authentic, creative cultural practices, replacing them with pseudo-cultural contests. The integration of theoretical knowledge and education into the Serbian media sphere is practically at the zero points with recurrences that seriously undermine the overall development, application of knowledge, modern technological achievements, and the affirmation of democracy and freedom as the basic precondition for the overall prosperity of society.


2017 ◽  
Vol 48 (4) ◽  
pp. 93-106 ◽  
Author(s):  
Khalid Almarri ◽  
Halim Boussabaine

Governments are increasingly entering partnerships with the private sector through the public–private partnership (PPP) model for the development of public projects. Value for money analysis is used to assess the viability of these ventures. This research aims to investigate the contribution of the PPP critical success factors to value for money viability analysis. Relevant data were collected through a questionnaire to establish the PPP critical success factors and value for money success criteria. Data were collected from 92 participants. The data obtained were analyzed using mean score, t-test, and regression analysis. The research found that government guarantees, macroeconomic conditions, shared authority between the public and private sectors, social support, and transparent procurement process contributed positively to value for money viability analysis. The results imply that practitioners should consider these key indicators for improving the value for money viability of PPP projects.


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