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Economic Freedom and Human Development in ECOWAS: Does Political-Institutional Strength Play a Role? Journal of the Knowledge Economy Pub Date : 2021-04-15 Olalekan C. Okunlola, Olumide A. Ayetigbo
In this article, we examined the role political-institution strength plays in the relationship between economic freedom and human development, using the 15 ECOWAS countries and two sub-samples (Francophone and Anglophone countries) within the region. We used the Pooled Mean Group ARDL estimations to examine the long and short-term dynamic relationships. Before conducting the Pooled Mean Group estimations
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Democracy of Climate and Climate for Democracy: the Evolution of Quadruple and Quintuple Helix Innovation Systems Journal of the Knowledge Economy Pub Date : 2021-04-15 Elias G. Carayannis, David F. J. Campbell
Quadruple and Quintuple Helix innovation systems are based on democracy and ecology. Two propositions are here key: (1) without a democracy or knowledge democracy, the further advancement of knowledge and innovation are seriously constrained, so in that sense, knowledge and innovation evolution depend on democracy and knowledge democracy; (2) ecology and environmental protection represent a necessity
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Economic Growth and Health Expenditure Analysis for Turkey: Evidence from Time Series Journal of the Knowledge Economy Pub Date : 2021-04-15 Ethem Esen, Merve Çelik Keçili
This study aims to investigate the effects of health expenditure on economic growth in Turkey. For this purpose, time series data of Turkey over the period 1975–2018 were evaluated. Moreover, household consumption, life expectancy at birth, trade, and foreign direct investments were added as control variables. Cointegration analysis was performed to test whether all variables are cointegrated in the
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The Relationship Between COVID-19 Cases and COVID-19 Testing: a Panel Data Analysis on OECD Countries Journal of the Knowledge Economy Pub Date : 2021-04-13 Umit Cirakli, Ibrahim Dogan, Mehmet Gozlu
Testing, one of the methods to combat the COVID-19 outbreak, is highly recommended in all countries. Empirical studies on how testing relates to the control of new cases will help highlight the importance of testing in efforts to combat the epidemic. Therefore, this study aims to investigate the relationship between COVID-19 testing and COVID-19 cases. We use panel autoregressive distributed lag analysis
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High Innovativeness of SMEs and the Configuration of Learning-by-Doing, Learning-by-Using, Learning-by-Interacting, and Learning-by-Science: a Regional Comparison Applying Fuzzy Qualitative Comparative Analysis Journal of the Knowledge Economy Pub Date : 2021-04-11 Tatjana Bennat
This paper proposes a holistic approach for investigating high innovation performance in SMEs by comparing different German regions. Invoking insights from the innovation mode concept and existing literature on regional innovation, we apply a qualitative comparative analysis (QCA) of 47 interviews with SMEs to show that high innovativeness is based on a bundle of conditions summarized as mechanisms
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A Panel Data Analysis on Determinants of Economic Growth in Seven Non-BCBS Countries Journal of the Knowledge Economy Pub Date : 2021-04-09 Larissa Batrancea, Malar Kumaran Rathnaswamy, Ioan Batrancea
The phenomenon of economic growth indicates the increase in a country’s wealth during a certain period of time. Given the complexity of the phenomenon, there is a manifold of factors influencing its level. The study examined the determinants of economic growth in seven countries that are not members of the Basel Committee of Banking Supervision, namely Bolivia, Czech Republic, Estonia, Malaysia, Peru
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Smart Nations for All, Disability and Jobs: A Global Perspective Journal of the Knowledge Economy Pub Date : 2021-04-09 Raul Gouvea, Shihong Li
This paper develops a Quadruple-Sextuple Helix framework of analysis to investigate the nexus disability and employment. It builds on the path breaking Triple Helix framework developed by Etzkowitz and Leydesdorff and the Quadruple-Quintuple Helix frameworks developed by Carayannis and Campbell. We argue that a Quadruple-Sextuple Helix framework of analysis provides a comprehensive approach to understand
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Entrepreneurial Views and Rural Entrepreneurial Potential: Evidence from Greece Journal of the Knowledge Economy Pub Date : 2021-04-03 Zafeirios Thomakis, Irene Daskalopoulou
The recent financial crisis in Greece seems to have structured a trend towards rural renaissance. This trend might be considered a chance for rural empowerment to emerge as a ‘residual’ phenomenon drawn from a return to the periphery propensity. With a view to provide insights on such possible rural empowerment, we analyse individuals’ intentions towards entrepreneurship in rural areas. At the empirical
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Transforming Cameroon into Knowledge-Based Economy (KBE): The Role of Education, Especially Higher Education Journal of the Knowledge Economy Pub Date : 2021-03-26 Asan Vernyuy Wirba
This paper examines whether Cameroon as a nation is transforming or transitioning toward knowledge-based economy (KBE) through the lens of knowledge economic index (KEI) and knowledge index (KI) (1995–2020) developed by the World Bank. The role played by education, particularly higher education. Transforming Cameroon toward KBE is very important for the development of Cameroon as a nation. Knowledge
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A Critical Review of the Precursors of the Knowledge Economy and Their Contemporary Research: Implications for the Computerized New Economy Journal of the Knowledge Economy Pub Date : 2021-03-26 Kwee Keong Choong, Patrick W. Leung
Despite nearly fifty-eight years since the term knowledge economy first appears, we are getting nearer in understanding this new kind of economy. The purpose of this paper is to clarify the meaning of the knowledge economy by conducting a critical review of the precursors of the knowledge economy and their major critiques so as to identify the current research implications. We aim to identify common
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The Changing Nature of Expatriation: The Emerging Role of Knowledge Transfer Readiness Journal of the Knowledge Economy Pub Date : 2021-03-25 Dian Prihadyanti, Karlina Sari, Dudi Hidayat, Nur Laili, Budi Triyono, Chichi Shintia Laksani
Expatriate is one of the potential sources of knowledge for firms to increase their capability in creating innovation. Currently, Indonesia has a relatively small number of expatriates but the figure tends to increase overtime. This country has experienced a changing nature of expatriation that brings consequences to several conditions for the achievement of successful knowledge transfer (KT) from
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Governance and Economic Growth: Evidence from 14 Latin America and Caribbean Countries Journal of the Knowledge Economy Pub Date : 2021-03-22 Muhammad Azam
This article empirically explores the impact of governance indicators (corruption, government effectiveness, and political stability) along with some other macroeconomic variables (inflation, trade openness, worker remittances, direct foreign investment, and population growth rate) on economic growth of 14 countries located in Latin American and Caribbean(LAC) region between 2002Q1 and 2018Q4. The
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Keeping Up with Innovation: Perspectives into the Present and the Future Needs of the Indian Food Sector Journal of the Knowledge Economy Pub Date : 2021-03-19 Mirinal Kumar Rayappa, Sapna Arora
Innovation has become a vital paradigm today for both to start a successful startup and also to run an already functioning business efficiently. The Indian food sector has enormous potentialities to transform the Indian economy due to its both forward-thinking technology adoption and backward traditional practices that together form a strong linkage. However, this potential can be converted into reality
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Dynamics of Output Growth and Convergence in the Middle East and North African Countries: Heterogeneous Panel ARDL Approach Journal of the Knowledge Economy Pub Date : 2021-03-18 Mushtaq Ahmad Malik, Tariq Masood
The present study investigates the convergence process of per-worker output for a panel of 15 countries in the Middle East and North African (MENA) region over the period 1970–2016. Further, the study discusses the dynamic impact of various productive factors (physical capital, human capital and total factor productivity) on per-worker output. In order to estimate the long-run relationship, the paper
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Toward Reverse Engineering to Economic Analysis: An Overview of Tools and Methodology Journal of the Knowledge Economy Pub Date : 2021-03-15 Marisa Faggini, Bruna Bruno, Anna Parziale
Following the reverse engineering (RE) approach to analyse an economic complex system is to infer how its underlying mechanism works. The main factors that condition the difficulty of RE are the number of variable components in the system and, most importantly, the interdependence of components on one another and nonlinear dynamics. All those aspects characterize the economic complex systems within
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Healthcare Prometrics in the Era of Redeployment Journal of the Knowledge Economy Pub Date : 2021-03-15 Naira R. Matevosyan
A bid is made to measure health as a value. Continuous and conceptual variables pertaining to healthcare distribution, expenses and outcomes are obtained from 70 studies presenting 4,245,866 patient-population from Finland and 4,304,049 from the USA—clustered for three periods: biennium, lustrum, decade. Two causality loops are sampled per country of interest: prematurity–perinatal mortality (PPM)
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Strengthening the Innovation Resilience of Polish Manufacturing Firms in Unstable Environments Journal of the Knowledge Economy Pub Date : 2021-03-15 Anna Wziątek-Kubiak, Marek Pęczkowski
This study examines factors that increase resilience in innovation of Polish manufacturing firms in an unstable environment. Organizational resilience in innovation is the ability to continuously perform innovation in a turbulent environment and increase knowledge accumulation. In 2008–2012, Poland did not have crisis itself. Short-term slowdown of the economy was accompanied by a breakdown of innovation
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The Importance of Agglomeration Economies and Technological Level on Local Economic Growth: the Case of Indonesia Journal of the Knowledge Economy Pub Date : 2021-03-12 Adiwan F. Aritenang
The centralised regime and variation of resources have led persistent regional disparities in Indonesia. Presently, there is lack of study that examines the impact of agglomeration economies and technology of firm establishment on regional growth in Indonesia. This paper applies agglomeration economies, approximated using proxy variables of concentration of four largest sectors (CR4), specialisation
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A Model for Competent Social Weaving in Smart Cities, Analyzed in Boys and Girls with Cognitive Impairment Journal of the Knowledge Economy Pub Date : 2021-03-12 Mónica L. Chaparro-Mantilla, Clara I. Peña de Carrillo, Ruth Zárate-Rueda
With the disruption of information and communication technologies (ICT), smart cities provide the alternative for electronic governance, adding the active participation of urban residents, which requires the construction of a social weaving (SW) immerse in the lifelong acquisition of citizen and digital competencies. Within this context, a competent SW model is proposed, based on the binary logistic
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Japanese ICT multinationals in Southern Europe by the end of the twentieth century: Fujitsu in Spain Journal of the Knowledge Economy Pub Date : 2021-03-12 Ángel Calvo
This article is rooted in the endless debate of the relationship between FDI and multinational companies, which in turn connects with the controversy about economic growth and globalization. It deals with a global FDI’s fraction towards the end of the twentieth century—the Japanese FDI in Spain—and the reasons for the entry of the Japanese ICT multinationals into that southern European country. It
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A Complementarity Perspective of Knowledge Resources Journal of the Knowledge Economy Pub Date : 2021-03-11 Sunday Bolade
The purpose of this paper is to develop a complementarity view of the heterogeneous knowledge archetypes. The study first employed a psycho-cognitive perspective to provide theoretical backing for the emergence of knowledge types. Then, a complementarity methodology was employed to synthesize the co-created, heterogeneous knowledge resources into an operation-friendly model. The study shows that, by
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Knowledge Economy Clustering at the Intrametropolitan Level: Evidence from Madrid Journal of the Knowledge Economy Pub Date : 2021-03-10 Eloy Solis, Kayvan Karimi, Irene Garcia, Inmaculada Mohino
Despite the increasing relevance of knowledge-based activities in the global economy, their spatial distribution at the intrametropolitan scale has rarely been studied. The aim of this paper is to shed light on the intrametropolitan spatial localisation of knowledge-based activities by assessing some of its main causal mechanisms, paying special attention to agglomeration economies and borrowed size
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Platform Patterns—Using Proven Principles to Develop Digital Platforms Journal of the Knowledge Economy Pub Date : 2021-03-10 Marvin Drewel, Leon Özcan, Jürgen Gausemeier, Roman Dumitrescu
Hardly any other area has as much disruptive potential as digital platforms in the course of digitalization. After serious changes have already taken place in the B2C sector with platforms such as Amazon and Airbnb, the B2B sector is on the threshold to the so-called platform economy. In mechanical engineering, pioneers like GE (PREDIX) and Claas (365FarmNet) are trying to get their hands on the act
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Digital Transformation in the Value Chain Disruption of Banking Services Journal of the Knowledge Economy Pub Date : 2021-03-08 Ali Naimi-Sadigh, Tayebeh Asgari, Mohammad Rabiei
Digital transformation is a collection of actions taken by organizations or a country to adopt new digital technologies to capture their interests and change the performance of an organization tremendously with a focus on disruptive technologies. Organizations need a clear strategy, proper organizational structure, digital capabilities, supportive organizational culture, and a balanced governance system
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Is There Knowledge Convergence Among European Regions? Evidence from the European Union Framework Programmes Journal of the Knowledge Economy Pub Date : 2021-03-08 Erkan Erdil, İbrahim Semih Akçomak, Umut Yılmaz Çetinkaya
Hinging on the collaboration-induced knowledge diffusion literature, this paper aims at investigating how the landscape of knowledge production and diffusion has changed over the years and whether there is evidence of knowledge convergence among European regions. Using the European Union Framework Programme data from 1984 to 2016 and network analysis and regressions, we show that there are signs of
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Financial Inclusion Measurement in the Least Developed Countries in Asia and Africa Journal of the Knowledge Economy Pub Date : 2021-03-08 Alicia Girón, Amirreza Kazemikhasragh, Antonella Francesca Cicchiello, Eva Panetti
The purpose of this paper is to examine the determinants of financial inclusion in the least developed countries in Asia and Africa. We used World Bank data to estimate the probit econometric technique in the studied countries. The results show that young people and women are groups excluded from financial inclusion and that education and income are two of the key pillars for increasing financial inclusion
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Greening Universities with Mode 3 and Quintuple Helix Model of Innovation–Production of Knowledge and Innovation in Knowledge-Based Economy, Botswana Journal of the Knowledge Economy Pub Date : 2021-03-04 Shantha Indrajith Hikkaduwa Liyanage, Fulu Godfrey Netswera
Most of the knowledge-based economies (KBEs) operate in a neoclassical economic model that does not recognize the importance of natural resources and sustainability beyond the market forces. In contrast, KBEs that rely on endogenous factors harmonize with the enlightened anthropocentrism for sustainable development with scientific and technical abilities to design the ecological system for infusing
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Towards High Impact Smart Cities: a Universal Architecture Based on Connected Intelligence Spaces Journal of the Knowledge Economy Pub Date : 2021-03-04 Nicos Komninos, Christina Kakderi, Luca Mora, Anastasia Panori, Elena Sefertzi
Smart cities constitute a new urban paradigm and a hegemonic phenomenon in contemporary city development. The concept envisages a data-enhanced future and efficiency gains made possible by automation and innovation in city activities and utilities. However, the way smart cities are created brings about two weaknesses. First, there is strong compartmentation of solutions and systems, which are developing
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Sustainable Academic Innovativeness: Towards the Understanding of a New Construct and the Development of Scale Journal of the Knowledge Economy Pub Date : 2021-03-04 Wided Ragmoun, Abdulaziz Abdulmohsen Alfalih
This research will provide a literature review related to sustainable academic innovativeness as a new construct and define its dimensions of measures. In other words, based on the material collected for the literature review, we will identify the origin of this concept, its definition, and determinants. The main point argued here is that sustainable academic innovativeness emerges towards the superposition
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Problems and Perspectives of Transition to the Knowledge-Based Economy in Kazakhstan Journal of the Knowledge Economy Pub Date : 2021-03-03 Diana Toimbek
Despite of the highest level of the gross domestic product (GDP) per capita in the Central Asian region, Kazakhstan, with its long history of centralized planning, constantly experiences economic insecurities. This trend is mainly explained by the over-reliance on the natural resources and failures in economic diversification. Therefore, this paper considers the knowledge-based economy (KBE) as the
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Evaluating the Jordanian Experience in the Transition to a Knowledge Economy Journal of the Knowledge Economy Pub Date : 2021-03-02 Saleh S. Barakat, Hisham M. AlSmadi, Khalifeh M. Abu-Ashour
In 2002, Jordan sought to shift towards a knowledge economy through the adoption of several policies supporting the transition towards a knowledge economy. The current study aims to evaluate the transition process as Jordan moves towards knowledge economy. Majority of the indicators presented in this study showed regression, despite some important steps taken by Jordan. The results showed a noticeable
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Economic Development and Performance of Eurozone Economies: The Growing Imbalances During the Crisis Journal of the Knowledge Economy Pub Date : 2021-03-01 Pantelis C. Kostis
The recent global financial crisis in Europe is defined as a debt crisis and a crisis of sudden stops in capital flows. But to a large extent, it was also a competitiveness crisis, which separated the core and the periphery Eurozone countries. The main issue under consideration in this paper is whether the crisis has exacerbated economic performance and imbalances. The data used in the analysis refer