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Building knowledge-based economies in Africa: Asystematic review of policies and strategies

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  • Asongu, Simplice A
  • Odhiambo, Nicholas M
Abstract
Compared to other regions of the world, Africa is lagging in its drive toward knowledge-basedeconomies. This study systematically reviews the literature in order to highlight the policies andstrategies with which African countries can accelerate their current drive towards buildingknowledge-based economies. These are discussed in terms of three pillars of the World Bank?sknowledge economy framework. They are the indices for: (i) education and skilled population, (ii)information and communication technology and (iii) economic incentives and institutional regime.

Suggested Citation

  • Asongu, Simplice A & Odhiambo, Nicholas M, 2019. "Building knowledge-based economies in Africa: Asystematic review of policies and strategies," Working Papers 25891, University of South Africa, Department of Economics.
    • Handle: RePEc:uza:wpaper:25891
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    Cited by:

    1. Jean C. Kouam & Simplice A. Asongu, 2022. "Effects of Taxation on Social Innovation and Implications for Achieving Sustainable Development Goals in Developing Countries: A Literature Review," Working Papers of the African Governance and Development Institute. 22/046, African Governance and Development Institute..
    2. Atiase, Victor Yawo & Kolade, Oluwaseun & Liedong, Tahiru Azaaviele, 2020. "The emergence and strategy of tech hubs in Africa: Implications for knowledge production and value creation," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    3. Olatunji A. Shobande & Simplice A. Asongu, 2021. "Has Knowledge Improved Economic Growth? Evidence from Nigeria and South Africa," Working Papers 21/059, European Xtramile Centre of African Studies (EXCAS).
    4. Simplice A. Asongu & John Kuada, 2020. "Building knowledge economies in Africa: an introduction," Contemporary Social Science, Taylor & Francis Journals, vol. 15(1), pages 1-6, January.
    5. Emon Kalyan Chowdhury & Bablu Kumar Dhar & Md.Abu Issa Gazi, 2023. "Impact of Remittance on Economic Progress: Evidence from Low-Income Asian Frontier Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 382-407, March.

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    More about this item

    Keywords

    Knowledge economy; Development; Africa;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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