Toward a knowledge-based economy: evidence from the MENA region
by Carole Ibrahim
International Journal of Competitiveness (IJC), Vol. 2, No. 1, 2021

Abstract: This study aims to investigate the relationship between education, innovation, and technology, which are the main pillars of a knowledge-based economy, and the economic performance in the MENA region. The study uses a vector autoregressive (VAR) approach to examine the short-run dynamics between the variables spanning the period 2007-2017. The results suggest that an improvement in education, innovation, and technology increases economic development in MENA countries. Thus, policymakers in these developing countries should shift their economies toward the knowledge-based economy by enhancing the quality of education and by increasing their expenditures on research and development (R&D) to improve innovation and competitiveness. Moreover, policymakers should facilitate the transfer and adoption of new technologies within different industries and businesses.

Online publication date: Tue, 08-Jun-2021

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Competitiveness (IJC):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com