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Microeconomics of Knowledge: African Case

Manuel, Eduardo (2006): Microeconomics of Knowledge: African Case. Published in: Social Science Research Network (12 June 2006)

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Abstract

Since the process of globalization era, we can always lived in economics of knowledge. The cicle of economics founded on knowledge are compost by three components: the investment in knowledge; the production and the diffusion of information technology and communication (ITC) and the institutional mechanisms that favor the access to knowledge (Foray, 2004).

By fact the economics are divided in Micro and Macroeconomics, this work has as objective to approach theme “Microeconomics of Knowledge” based on African case. We concluded that, in general analysis, South Africa and Tunisia are the countries of the selected with better performance in microeconomics of knowledge, and Angola, Chad and Ethiopia are poor countries in this area of knowledge.

High rates of adult alphabetization can stimulate companies and firms to employ skilled personal according to their necessities and this personal can and it is ready to work with advanced technology and to effect R&D for development of their activities.

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