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eKonferencije.com: THE KNOWLEDGE-BASED ECONOMY AS A FACTOR OF INNOVATIVE DEVELOPMENT OF THE SOCIETY

THE KNOWLEDGE-BASED ECONOMY AS A FACTOR OF INNOVATIVE DEVELOPMENT OF THE SOCIETY

1. Yulia Tukmakova, Lobachevsky State University of Nizhny Novgorod , Russian Federation

The development of the modern economy highly depends on the level of education. Today almost all sectors of economy “are based on knowledge”, it means that the development of educational and scientific sectors and effective investing of them are necessary to the development of economy.
One of the best methodologies to measure the knowledge economy is the Knowledge Assessment Methodology which was developed by the World Bank Institute. The KAM variables represent the overall performance of the economy and the 4 pillars of the Knowledge Economy framework (an economic and institutional regime, education and human resources, information and communication technology, the innovation system).This scorecard is used to calculate the overall Knowledge (KI) and Knowledge Economy (KEI) Indexes. The “overall performance” part of KAM includes HDI and GDP. Annual GDP growth is a good indicator of a country's overall economic development, and the HDI is a summary measure of human development.
The unique strength of the KAM methodology is its cross-sectoral approach, allowing the user to take a holistic view of a wide range of relevant factors rather than just focusing on one area.
Overall, the KAM is best suited to providing a preliminary or ‘starter’ knowledge economy assessment of a country. It has the ability to identify quickly and succinctly key strengths and weaknesses, areas for development and even anomalies in the available data for a given country.

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Tematska oblast: Društvene nauke

Datum: 31.10.2013.

Br. otvaranja: 156

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