Becoming a Knowledge Economy: the Case of Qatar, UAE and 17 Benchmark Countries

Fuente: arXiv
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Auteurs principaux: Parcero, Osiris, Ryan, James Christopher
Format: Preprint
Publié: 2024
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author Parcero, Osiris
Ryan, James Christopher
author_facet Parcero, Osiris
Ryan, James Christopher
contents This paper assesses the performance of Qatar and the United Arab Emirates (UAE) in terms of their achievements towards becoming knowledge-based economies. This is done through a comparison against 17 benchmark countries using a four pillars' framework comprising; (1) information and communication technology, (2) education, (3) innovation and (4) economy and regime. Results indicate that the UAE ranks slightly better than the median rank of the 19 compared countries while Qatar ranks somewhat below. Results also indicate that both countries lag considerably behind knowledge economy leaders; particularly evidenced in the innovation pillar. Policy recommendations are mainly addressed at further developing the two countries' research culture as well as improving the incentives to attract top quality researchers and highly talented workers.
format Preprint
id arxiv_https___arxiv_org_abs_2401_04214
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Becoming a Knowledge Economy: the Case of Qatar, UAE and 17 Benchmark Countries
Parcero, Osiris
Ryan, James Christopher
General Economics
Economics
This paper assesses the performance of Qatar and the United Arab Emirates (UAE) in terms of their achievements towards becoming knowledge-based economies. This is done through a comparison against 17 benchmark countries using a four pillars' framework comprising; (1) information and communication technology, (2) education, (3) innovation and (4) economy and regime. Results indicate that the UAE ranks slightly better than the median rank of the 19 compared countries while Qatar ranks somewhat below. Results also indicate that both countries lag considerably behind knowledge economy leaders; particularly evidenced in the innovation pillar. Policy recommendations are mainly addressed at further developing the two countries' research culture as well as improving the incentives to attract top quality researchers and highly talented workers.
title Becoming a Knowledge Economy: the Case of Qatar, UAE and 17 Benchmark Countries
topic General Economics
Economics
url https://arxiv.org/abs/2401.04214