Munich Personal RePEc Archive

Building Knowledge-Based Economies in Africa: A Systematic Review of Policies and Strategies

Asongu, Simplice and Odhiambo, Nicholas (2019): Building Knowledge-Based Economies in Africa: A Systematic Review of Policies and Strategies. Forthcoming in: Journal of the Knowledge Economy

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Abstract

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

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