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

See all articles by Simplice Asongu

Simplice Asongu

African Governance and Development Institute

Nicholas Odhiambo

University of South Africa - Department of Economics

Date Written: October 18, 2019

Abstract

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

Suggested Citation

Asongu, Simplice and Odhiambo, Nicholas, Building Knowledge-Based Economies in Africa: A Systematic Review of Policies and Strategies (October 18, 2019). Journal of the Knowledge Economy. DOI: 10.1007/s13132-019-00617-0. Available at SSRN: https://ssrn.com/abstract=3472046 or http://dx.doi.org/10.2139/ssrn.3472046

Simplice Asongu (Contact Author)

African Governance and Development Institute ( email )

P.O. Box 8413
Yaoundé, 8413
Cameroon

Nicholas Odhiambo

University of South Africa - Department of Economics ( email )

PO Box 392
Pretoria, 0003
South Africa

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