Building an effective knowledge management system in Saudi Arabia using the principles of good governance
Bassam A. Albassam
Resources Policy, 2019, vol. 64, issue C
Abstract:
In seeking to achieve economic diversification, Saudi Arabia faces challenges in transitioning from a rentier economy to a knowledge-based economy. In order to achieve this, a number of strategic plans have been adopted by the government to establish a sound knowledge management system that will benefit from foreign investments and the outcome of research and development activities in the country. This paper discusses the issues that hinder the country from reaching the level of economic diversification targeted by previous plans. It then presents the results of quantitative and qualitative analyses to identify the dimensions of governance that can help Saudi Arabia to build an effective knowledge management system as a means to achieve sustainable development. The study's findings highlight the importance of enhancing public sector productivity, fighting corruption, and enabling rule-of-law systems as key factors in creating a quality knowledge management system in Saudi Arabia.
Keywords: Saudi Arabia; Knowledge management system; Economic complexity; Good governance; Public sector effectiveness (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:64:y:2019:i:c:s0301420719304593
DOI: 10.1016/j.resourpol.2019.101531
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