Korea and the Knowledge-based Economy : Making the Transition
Knowledge is fast becoming a key factor in economic and social development worldwide. Rapid innovations in science, communications and computing technologies are opening up new opportunities for countries to harness knowledge and participate more f...
Main Authors: | , |
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Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC: World Bank and OECD
2013
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2000/06/13025052/korea-knowledge-based-economy-making-transition http://hdl.handle.net/10986/13845 |
Summary: | Knowledge is fast becoming a key factor
in economic and social development worldwide. Rapid
innovations in science, communications and computing
technologies are opening up new opportunities for countries
to harness knowledge and participate more fully in the
global economy. Developing countries that successfully make
the transition to the knowledge-based economy will have
unprecedented possibilities to become more competitive in
world markets and to participate in the global information
society. New technologies can also extend the benefits of
knowledge to all segments of society and help countries
close the gap in living standards among their citizens. This
book defines a knowledge-based economy as one where
knowledge is created, acquired, transmitted and used
effectively by enterprises, organizations, individuals and
communities. It does not focus narrowly on high-technology
industries or on information and communications
technologies, but rather presents a framework for analyzing
a range of policy options in education, information
infrastructure and innovation systems that can help usher in
the knowledge economy. It also makes the case for better
co-ordination among the government, the private sector and
civil society to enhance competitiveness and advance
economic and social development. |
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