Analysing Knowledge Disparity and Value Creation: Towards a K-Gini Coefficient
International Journal of Knowledge-Based Development, Vol. 1, No. 3, pp. 242–262, 2010
21 Pages Posted: 12 Oct 2010
Date Written: October 11, 2010
Abstract
In this article, the impact of knowledge on economic activity is discussed. We posit that a significant disparity in the knowledge level of its people is not conducive to the continued, long-term growth and development of a society. Hence, a measure for the disparity of knowledge within society is needed. Following a brief review of the literature on post-industrial societies and the Gini coefficient, a measure of knowledge disparity within societies based on their capability to link knowledge to value creation is formulated.
This claim is tested with published data from reliable and authoritative sources. Using statistics from economies across three blocs based on metrics for human development and value creation, we verify a causal relationship between our proposed K-Gini coefficient and a society’s propensity for growth and development. In this manner, a graphical framework that captures knowledge disparity and its inverse impact on value creation is derived. The idea of a Gini coefficient for knowledge disparity intuitively appeals to macro policy planners in that too much disparity may be stifle value creation and growth.
Keywords: knowledge society, development policy, knowledge disparity measures
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Beyond the Digital Divide: Policy Analysis for Knowledge Societies
By Moyosore Samuel Ekundayo, Elaine W. J. Ng, ...
-
Beyond the Digital Divide: A Conceptual Framework for Analyzing Knowledge Societies
By Ravi Sharma, Elaine W. J. Ng, ...
-
Bridging the Knowledge Gap in Developing Societies: A Field Study of Indonesia, Vietnam and Myanmar
By Arista Wirawan, Samuel Goh Chia Foong, ...
-
A Knowledge Framework for Development - Empirical Investigation of 30 Societies
By Ravi Sharma, Ganesh Chandrasekar, ...
-
Operationalising the Sustainable Knowledge Society Concept Through a Multi-Dimensional Scorecard
By Ravi Sharma and Horatiu Dragomirescu
-
On the Use of Benchmarking and Good Practices for Knowledge Management for Development
By Ravi Sharma, Makkati Noorjahan, ...