Building Knowledge-Based Economies in Africa: A Systematic Review of Policies and Strategies
Journal of the Knowledge Economy. DOI: 10.1007/s13132-019-00617-0
26 Pages Posted: 4 Nov 2019
Date Written: October 18, 2019
Compared to other regions of the world, Africa is lagging in its drive toward knowledge-based economies. This study systematically reviews the literature in order to highlight the policies and strategies with which African countries can accelerate their current drive towards building knowledge-based economies. These are discussed in terms of three pillars of the World Bank’s knowledge economy framework. They are the indices for: (i) education and skilled population, (ii) information and communication technology and (iii) economic incentives and institutional regime.
Keywords: Knowledge economy; Development; Africa
JEL Classification: O10; O30; O38; O55; O57
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