Botswana's Novel Approaches for Knowledge-Based Economy Facilitation: Issues, Policies and Contextual Framework

The Vision 2016, which is a set of strategic plans desired to position Botswana at the completive edge of the socio-economic hierarchy in Africa, is being implemented with concerted efforts from both the private and the public sector, including ordinary citizens. One of the major motivations for drawing this strategy has been the desire to transform Botswana from a resource and industry-based (e.g. agriculture and diamond mining) to knowledge-based economy. This has come from the realisation that in order to compete favourably at a global scale, there is need to put in place efficient knowledge value chains. To this course, several initiatives have been devised and/or implemented by both the government and the public sector. This article surveys the fundamental concepts on which this paradigm shift is hinged and brings out the different issues, initiatives and policies (such as Information and Communications Technology development, nurturing of an appropriate human resource base by way of strategic human resource development plans, investment in intellectual capital, etc.) that have been done so far in Botswana. The article, however, does not claim that it offers a compendium of existing programs towards a knowledgebased economy initiated by Botswana. The article posits that although significant strides have been scored in Botswana’s efforts towards a knowledge-based economy, a lot more needs to be done if it were to compete favourably at an international stage.