Author

Dr. Sulaiman Mouselli – Mr. Ibrahim Al Nafrah

Published in

Journal of the Knowledge Economy     24 January 2017

Abstract

The transition towards knowledge society and economy is considered a new trend in the global economy. This transition has become a necessity especially for emerging economies, which are suffering from a large dependency on rentier sectors and low technological competitiveness. However, this process requires clear and effective policies to fit the needs of those countries and available resources. The aim of this study is to run a horse race in between knowledge society and knowledge economy with regard to their developmentimpactsinRussia.Wefindthatknowledgesocietyhasasignificantimpacton development indicators while knowledge economy has negative effect on development indicators. We recommend that developing countries should prioritize knowledge societies on knowledge economies to realize the development benefits.

Keywords Knowledge economy. Knowledge society. Transition process. Cognitive centers

Link to read full paper

http://link.springer.com/article/10.1007/s13132-017-0448-2