Knowledge Economy Determinants in GCC Countries

Fadhil Al-Hayali, Abdullah

doi:10.33899/regs.2010.6482

	Knowledge Economy Determinants in GCC Countries
مجلة دراسات إقلیمیة
Article 6, Volume 7, Issue 20, 2010, Pages 143-175 PDF (0 K)
DOI: 10.33899/regs.2010.6482
Author
Abdullah Fadhil Al-Hayali
Abstract
The deep and speed changes witnessed by knowledge society in the 21th century prove that the predominating economy will be knowledge economy. Governments must possess efficient Institution systems, active economic incentives. good governance. as well as systems of education. innovation and information & communications to motivate creative entrepreneurship. The applied econometrics analysis results proved that economic incentives system. technology of information and communications determine about (%99) of changes in knowledge economy index of GCCS in 2009. These states must crystallize economic and scientific awareness to comprehend and stabilize technology of information and communications. concluding policies that come from fact by technical self-sufficiency to stabilize technology instead of importing and using economic feasibility standards without stopping at the last chain of technology which is consumption deemed by economic logic as of no use financial wasting
Keywords
Knowledge economy; determinants of knowledge economy in GCC; Information and Communication Technology

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