Becoming a Knowledge Economy: the Case of Qatar, UAE, and 17 Benchmark Countries
Osiris Parcero and
James Christopher Ryan ()
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James Christopher Ryan: United Arab Emirates University, UAE
Journal of the Knowledge Economy, 2017, vol. 8, issue 4, No 3, 1146-1173
Abstract:
Abstract This paper assesses the performance of Qatar and the United Arab Emirates (UAE) in terms of their achievements towards becoming knowledge-based economies. This is done through a comparison against 17 benchmark countries using a four pillars’ framework comprising (1) information and communication technology, (2) education, (3) innovation, and (4) economy and regime. Results indicate that the UAE ranks slightly better than the median rank of the 19 compared countries while Qatar ranks somewhat below. Results also indicate that both countries lag considerably behind knowledge economy leaders, particularly evidenced in the innovation pillar. Policy recommendations are mainly addressed at further developing the two countries’ research culture as well as improving the incentives to attract top quality researchers and highly talented workers.
Keywords: Knowledge economy; Qatar; UAE; Comparative development; Information; Technology; Education; Innovation; Labor market (search for similar items in EconPapers)
JEL-codes: F63 F68 O15 O25 O31 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:8:y:2017:i:4:d:10.1007_s13132-016-0355-y
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DOI: 10.1007/s13132-016-0355-y
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