Article on Knowledge Economy for Human Capital

2013 ◽  
Author(s):  
Reem N. Bsaiso
Keyword(s):  
Human Capital ◽  
Knowledge Economy

scholarly journals The Change of Sources of Growth and Sustainable Development in China: Based on the Extended EKC Explanation

2021 ◽  
Vol 13 (5) ◽  
pp. 2803
Author(s):  
Huaide Wen ◽  
Jun Dai
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
Environmental Pollution ◽  
Knowledge Economy ◽  
Technological Progress ◽  
Inflection Point ◽  
Physical Capital ◽  
Production Factors ◽  
Main Production ◽  
Traditional Economy

This paper extends the “sources of growth” explanation for the Environmental Kuznets Curve (EKC) proposed by Copeland and Taylor in a concise theoretical framework, that is, when the sources of growth are transformed from physical capital and labor to human capital and knowledge, the environmental pollution could at first rise and then fall with a sustainable growth in per capita income. Using the provincial panel data from 1995 to 2017 in the mainland of China, an empirical analysis is carried out by the System Generalized Method of Moment (sys-GMM). The results show that: first, the EKC hypothesis exists in China. The inflection point for SO2 emissions has been passed in all of the provincial regions, and for CO2 and comprehensive environmental pollution losses have not been passed in some regions, but the inflection point from the national average level in China has been passed; second, the main production factors of the traditional economy, physical capital and labor, are positively correlated with environmental pollution, while human capital and green technological progress, the main production factors of the knowledge economy, are negatively related to environmental pollution; third, human capital and green technological progress have become important factors to promote economic growth, and human capital, in particular, has become the primary factor, which indicates that China is in the process of transforming traditional economy into a knowledge economy. The stage of China’s economic development and the trend of environmental pollution is consistent with the extended “sources of growth” explanation for the EKC, which proved the theoretical hypothesis. This has an important practical significance for China’s current economic reform and important theoretical value for the economic transformation and sustainable development of developing countries. The paper finally puts forward corresponding policy recommendations.

scholarly journals Evaluating the Jordanian Experience in the Transition to a Knowledge Economy

2021 ◽  
Author(s):  
Saleh S. Barakat ◽  
Hisham M. AlSmadi ◽  
Khalifeh M. Abu-Ashour
Keyword(s):  
Human Capital ◽  
Legal System ◽  
Knowledge Economy ◽  
Transition Process ◽  
Economic Conditions ◽  
Education Policies ◽  
Positive Indicators ◽  
The Law

AbstractIn 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 decline in the knowledge economy indicators in Jordan and also that Jordan is going through difficult economic conditions on account of minimal global support. The pace of the transition towards the knowledge economy has been greatly affected by deteriorated economic situations of Jordan. However, Jordan has been able to obtain some positive indicators with respect to human capital and creativity, and these endorse the significance of investing in human capital, reviewing the law and legal system, and education policies in Jordan. These results provide a guideline to Jordanian authorities so that they can take necessary measures to meaningfully invest in knowledge economy.

scholarly journals Human Capital as an Object of Accounting in the Knowledge Economy

2019 ◽  
Vol 71 ◽  
pp. 05003
Author(s):  
O. Kogut
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Knowledge Economy ◽  
Practical Interest ◽  
Main Role ◽  
Independent Factor ◽  
Modern Economy ◽  
Productive Factor ◽  
Definition Of

The modern economy is called the economy of effective human capital, which emphasizes its main role in the development of the economy and society as a productive factor. Human capital is becoming the most important factor in the country's economic growth, the foundation of sustainable economic development. The article considers approaches to the definition of the concept and theoretical content of the category of human capital, its importance for the development of areas of science and practice. It is revealed that human capital is a necessary independent factor determining economic growth. The necessity of reflecting human capital in the system of accounting and reporting of firms is substantiated. The main problems of recognition of this most important factor of production are revealed, the directions of their further solution are determined. The scientific and practical necessity of introducing a new object of accounting and analysis of human capital is substantiated. The article contains information and conclusions that are of practical interest to firms.

scholarly journals INNOVATIVE MANAGEMENT IN TRANSITION ECONOMY

2018 ◽  
pp. 165-171
Author(s):  
A. CHARINA ◽  
V. SOKOV
Keyword(s):  
Human Capital ◽  
Knowledge Economy ◽  
Industrial Development ◽  
Transition Economy ◽  
Innovation Management ◽  
Development Model ◽  
Innovative Management ◽  
Post Industrial

The article considers theoretical aspects of innovation management in countries with transitive economy on a way to post-industrial development model according to the structural crisis caused by their specificity. The ways of solving the emerging problems are proposed. The role of human capital and social-functional innovations is emphasized in the transition to "knowledge economy”.

scholarly journals Information Platforms and the Global Network Economy

2021 ◽  
Vol 92 ◽  
pp. 04007
Author(s):  
Elmira Gojayeva ◽  
Shahla Huseynova ◽  
Saida Babayeva ◽  
Ulker Sadigova ◽  
Reyhan Azizova
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Information And Communication Technologies ◽  
Knowledge Economy ◽  
Large Scale ◽  
Health Care Systems ◽  
Value Added ◽  
Global Network ◽  
Social Infrastructure ◽  
Care Systems

Research background: The research investigates the formation of the intellectual elite; a radical modernization of the education system is necessary with the use of IT technologies and the introduction of innovations created on the basis of scientific achievements. The development of human capital is crucial for the transition from a traditional economy to a knowledge economy. Purpose of the article: The aim of the article is to show how human capital plays a very important role in the country’s economy, the knowledge that is concentrated in it, allows you to develop a knowledge economy - a type of economy based on the use of this capital. The formation of human capital is associated with investment and high-quality modern education. Modernization of higher education is closely related to the use of information and communication technologies and the introduction of innovations. Distance education can be the beginning of a new stage of higher education. Methods: The method of observation, concretization and abstraction, comparative analysis, abstract-logical, economic-statistical, theoretical and practical assessment were used in the study of various aspects of the research. Findings & Value added: Large-scale reforms carried out in the state have led to an improvement in the standard of living of our society, and it has become possible to improve social infrastructure: housing, its construction, social and cultural facilities, health care systems, education, sports and fitness facilities, etc.

scholarly journals Transforming Indigenous Knowledge and Innovation Systems for African Intellectual Decolonization and Renaissance

2021 ◽  
Author(s):  
Joel B. Babalola ◽  
Adesoji A. Oni
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Indigenous Knowledge ◽  
Public Interest ◽  
Knowledge Economy ◽  
Innovation System ◽  
Knowledge Systems ◽  
Access To Education ◽  
African Countries ◽  
Indigenous Knowledge Systems

The application of knowledge (measured in term of entrepreneurship and innovations, research and development, and software and product design) has become one of the spring boards of economic growth. The paper highlights six hindrances to renaissance explosion in knowledge in Africa with special emphasis on inefficiency in indigenous knowledge systems following colonialism. It further highlighted major challenges such as low capacity to invest in advanced human capital, low scientific and analytical capacity, low level of access to education, low digital capacity, low public interest in knowledge systems and low strategic aspiration facing Africa in developing efficient indigenous knowledge systems. The authors, drawing on existing literature and expert consultations, clearly identified and established major challenges being faced by African countries in leveraging on intellectual advances and suggest ways to transform the knowledge and innovation system in moving the continent towards the knowledge economy.

scholarly journals RESTARTING NATIONAL PROJECTS AS A CONDITION FOR ECONOMIC GROWTH

2020 ◽  
Vol 225 (5) ◽  
pp. 49-64
Author(s):  
AGANBEGYAN ABEL G. ◽  
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Knowledge Economy ◽  
Technological Breakthrough ◽  
Economic Plan ◽  
Russian Economy ◽  
National Economic ◽  
Key Sectors ◽  
National Economic Plan ◽  
The Russian Federation

The article describes two priority lines for action to restart national projects. First, it is necessary to move to the five-year national economic plan as a system of national projects. Second, we need new national projects, because the existing 13 projects do not cover some tasks formulated in the decrees of the President of the Russian Federation V.V. Putin. We are talking about such tasks as increasing the real incomes of Russians and overcoming poverty, about ensuring a technological breakthrough. The author notes that we need a system of national projects, focusing on key sectors of the Russian economy, primarily in mechanical engineering. We also need new national projects to ncrease investments in the fixed capital and human capital (in the "knowledge economy"). Moreover, it is necessary to adjust the content and system of measures for some existing national projects.

scholarly journals INNOVATIVE DEVELOPMENT AND HUMAN CAPITAL AS DETERMINANTS OF KNOWLEDGE ECONOMY

2020 ◽  
Vol 21 (1) ◽  
pp. 252-260
Author(s):  
Olha Podra ◽  
Nataliia Litvin ◽  
Zinaida Zhyvko ◽  
Marta Kopytko ◽  
Liliia Kukharska
Keyword(s):  
Human Capital ◽  
Knowledge Economy ◽  
Global Economy ◽  
World Market ◽  
Innovation Activity ◽  
High Tech ◽  
Innovative Development ◽  
Economic Progress ◽  
Global Innovation ◽  
Predicted Values

The development of a knowledge economy is a key priority for innovative progress and for ensuring the country’s competitiveness through the efficient use of intellectual resources and human capital. Our paper is focused on a necessity to find out the influence of human capital in providing innovative development and the formation of knowledge economy, to develop measures for its formation, accumulation, preservation, reproduction in order to increase national competitiveness at the world market. The foundation of the knowledge economy is productive knowledge and quality education that contribute to the intellectual capital embodiment into productive activities. A detailed analysis of the current state and problems of the education and science spheres has been carried out, international ratings have been analyzed and the place of Ukraine in them is determined in the article. An estimation of financial losses of the economy in connection with the outflow of students to study abroad is hold in the article. By using the trend modeling method we propose to estimate the effect of the predicted values of the components of innovation activity on the Global Innovation Index. Results show that Ukraine position in the Global Innovation Index rating will strengthen, which can testify, about the redistribution of financing of the innovation sphere in favor of private institutions and investors. The transition to a knowledge economy involves an understanding of the decisive influence of science, the latest technologies, innovations in the global economy, and enables the resource-oriented countries to leave this status and become a countries of high-tech and high skilled development, based on the transformation of knowledge into a source of value and the driving force of economic progress.

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