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Building Knowledge Economies in Africa: A Survey of Policies and Strategies

Simplice Asongu () and Jacinta Nwachukwu ()

MPRA Paper from University Library of Munich, Germany

Abstract: Compared to other regions of the world, Africa is lagging in its drive toward knowledge-based economies. This study surveys the literature in order to highlight the policies and strategies with which African countries can accelerate their current drive towards knowledge economies. These are discussed in terms of the four pillars of the World Bank’s knowledge economy framework. They are the indices for: (i) education and skilled population, (ii) information and communication technology, (iii) economic incentives and institutional regime and (iv) innovation systems.

Keywords: Knowledge economy; Development; Africa (search for similar items in EconPapers)
JEL-codes: O10 O30 O38 O55 O57 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse and nep-knm
Date: 2017-06
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Working Paper: Building Knowledge Economies in Africa: A Survey of Policies and Strategies (2017) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:81701

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