Knowledge-Based Economy

The knowledge economy (or the knowledge-based economy) is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to a rapid pace of advancement in technical and scientific innovation as well as accelerated obsolescence. The key element of value is the greater dependence on human capital and intellectual property for the source of the innovative ideas, information and practices. Organisations are required to capitalise this "knowledge" into their production to stimulate and deepen the business development process. There is less reliance on physical input and natural resources. A knowledge-based economy relies …

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Publications

World Bank Group · 18 November 2021

This paper estimates the impact of digital infrastructure on economic growth and its sources. The analysis uses system generalized method of moments and finds evidence of a causal impact from …



World Bank Group · 4 November 2021 English

fast tracking Rwanda’s transformation to a knowledge-based society. Its key objectives include the following: all: Rwanda is determined to become a knowledge-based economy. Everyone in Rwanda, regardless of their


World Bank Group · 4 November 2021 English

develop and promote a service-led and knowledge-based economy, (v) increase agriculture and livestock education for all aiming at building a knowledge-based economy and (v) transition to a modern Rwandan



World Bank Group · 4 November 2021 English

areas. Rwanda has a vision to become a knowledge-based economy and upper middle-income country by 2035


World Bank Group · 4 November 2021 English

(ii) increasing the number of startups and SMEs that survive and grow that operate in the digital economy


World Bank Group · 1 November 2021

This paper estimates the impact of digital infrastructure on economic growth and its sources. The analysis uses system generalized method of moments and finds evidence of a causal impact from …


World Bank Group · 1 November 2021 English

Financing 3/15/2022 5/19/2022 Borrower(s) Implementing Agency(ies) Kingdom of Cambodia Ministry of Economy The proposed project will support Cambodia’s digital economy by providing a variety of interventions Borrower’s Institutional Capacity The project is expected to be implemented by the Ministry Economy and the client during project preparation, and will likely include: (a) line ministries: The Ministry of Economy Recipient Borrower: Kingdom of Cambodia Implementing Agency(ies) Implementing Agency: Ministry of Economy


World Bank Group · 30 October 2021 English

12.9 percent in 2020, driven by more than 60 percent decline in tourism – the mainstay of Seychelles’ economy The medium-term outlook is broadly positive with the economy expected to gradually recover, driven by (approval of measures to increase access to e-services) and the ocean economy (adoption of aquaculture and the blue economy. The digital economy offers a unique opportunity for Seychelles to accelerate economic growth, promote


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