Munich Personal RePEc Archive

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

Asongu, Simplice and Nwachukwu, Jacinta (2017): Building Knowledge Economies in Africa: A Survey of Policies and Strategies.

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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.

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