IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v6y2015i4p790-817.html
   My bibliography  Save this article

Evolution of Mutual Knowledge-Based Economy in Regional Integration: An Experience from the Cooperation Council of Arab States of the Gulf

Author

Listed:
  • Amzad Hossain

Abstract

The purpose of this paper is to provide comparative analyses of the indicators of knowledge-based economy (KBE) in the Cooperation Council of Arab States of the Gulf (GCC) contribute to improve such indicators in one member taking comparative advantages from another member country and vice versa. Furthermore, the study also intends to develop a model of integrating the indicators of KBE in the GCC integration process and the spiral of knowledge conversion model. The paper applies comparative analyses of the indicators of KBE in the GCC. The study applied 26 indicators in five categories. Such categories include: education/talent, economic and institutional regime, innovation, digital economy, and globalization. This study performs analysis of variance (ANOVA) to calculate standard deviation, mean, and confidence interval. The study also carries out ANOVA to compare between and within countries. The required secondary data are obtained from publications, country reports, and existing reports of the international organizations. The ANOVA reveals significant differences in almost all the indicators among the member countries in the GCC. As a result, most of the indicators of KBE outperform in one member country compared to another. Such phenomenon provides GCC countries with an opportunity to gain comparative advantages of one member’s outperforming indicators to improve another member’s poor performing indicators and vice versa considering the privileges of the “GCC Common Market”. The study revealed that the GCC should forward localized and collective microdynamics in education, research, and innovation will contribute to understanding and formulating macrodynamics that positively affect local community, sectors, institutions, and governance arrangements improving the sector-specific indicator of KBE. The GCC also should review the experience of others countries such as Deep and Comprehensive Free Trade Areas helps adjusting local as well as GCC level policies of education, research, and innovation-enhancing knowledge considering its growth orientation, culture, and tradition. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Amzad Hossain, 2015. "Evolution of Mutual Knowledge-Based Economy in Regional Integration: An Experience from the Cooperation Council of Arab States of the Gulf," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 790-817, December.
  • Handle: RePEc:spr:jknowl:v:6:y:2015:i:4:p:790-817
    DOI: 10.1007/s13132-013-0148-5
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s13132-013-0148-5
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s13132-013-0148-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ikujiro Nonaka, 1994. "A Dynamic Theory of Organizational Knowledge Creation," Organization Science, INFORMS, vol. 5(1), pages 14-37, February.
    2. Paul Hildreth & Chris Kimble, 2002. "The Duality of Knowledge," Post-Print halshs-00492437, HAL.
    3. World Bank, 2012. "World Development Indicators 2012," World Bank Publications - Books, The World Bank Group, number 6014.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zulma Medina-Rivera & Segundo Castro-Gonzales & Jose C. Vega Vilca, 2017. "Knowledge, Skills, And Other Individual Characteristics Of Academic Researchers," International Journal of Management and Marketing Research, The Institute for Business and Finance Research, vol. 10(1), pages 79-98.
    2. Mohammad Nurunnabi, 2017. "Transformation from an Oil-based Economy to a Knowledge-based Economy in Saudi Arabia: the Direction of Saudi Vision 2030," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(2), pages 536-564, June.
    3. Amina Amirat & Makram Zaidi, 2020. "Estimating GDP Growth in Saudi Arabia Under the Government’s Vision 2030: a Knowledge-based Economy Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1145-1170, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Isabelle Le Breton-Miller & Danny Miller, 2015. "The paradox of resource vulnerability: Considerations for organizational curatorship," Strategic Management Journal, Wiley Blackwell, vol. 36(3), pages 397-415, March.
    2. Kwee Keong Choong & Patrick W. Leung, 2022. "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, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1573-1610, June.
    3. Thuy Do & Frédéric Le Roy & Thuy Seran, 2021. "Cooperation between global and local firms in emerging markets: a coopetition approach The case in Vietnam," Post-Print hal-03215229, HAL.
    4. Chris Kimble, 2013. "Knowledge management, codification and tacit knowledge," Post-Print halshs-00826911, HAL.
    5. Jamal Shamsie & Michael J. Mannor, 2013. "Looking Inside the Dream Team: Probing Into the Contributions of Tacit Knowledge as an Organizational Resource," Organization Science, INFORMS, vol. 24(2), pages 513-529, April.
    6. Isabelle Le Breton–Miller & Danny Miller, 2015. "The Arts and Family Business: Linking Family Business Resources and Performance to Industry Characteristics," Entrepreneurship Theory and Practice, , vol. 39(6), pages 1349-1370, November.
    7. Haradhan Kumar Mohajan, 2016. "Knowledge is an Essential Element at Present World," International Journal of Publication and Social Studies, Asian Economic and Social Society, vol. 1(1), pages 31-53.
    8. Dufva, Mikko & Ahlqvist, Toni, 2015. "Knowledge creation dynamics in foresight: A knowledge typology and exploratory method to analyse foresight workshops," Technological Forecasting and Social Change, Elsevier, vol. 94(C), pages 251-268.
    9. Stoian, Maria-Cristina & Tardios, Janja Annabel & Samdanis, Marios, 2024. "The knowledge-based view in international business: A systematic review of the literature and future research directions," International Business Review, Elsevier, vol. 33(2).
    10. Kim, Kyung Kyu & Umanath, Narayan S. & Kim, Joo Young & Ahrens, Fred & Kim, Beomsoo, 2012. "Knowledge complementarity and knowledge exchange in supply channel relationships," International Journal of Information Management, Elsevier, vol. 32(1), pages 35-49.
    11. Ikujiro Nonaka & Georg von Krogh, 2009. "Perspective---Tacit Knowledge and Knowledge Conversion: Controversy and Advancement in Organizational Knowledge Creation Theory," Organization Science, INFORMS, vol. 20(3), pages 635-652, June.
    12. Haradhan Kumar Mohajan, 2017. "Knowledge is an Essential Element at Present World," International Journal of Publication and Social Studies, Asian Economic and Social Society, vol. 1(1), pages 31-53, June.
    13. Li, Aijun & Du, Nan & Wei, Qian, 2014. "The cross-country implications of alternative climate policies," Energy Policy, Elsevier, vol. 72(C), pages 155-163.
    14. Lu, Jinfeng & Dimov, Dimo, 2023. "A system dynamics modelling of entrepreneurship and growth within firms," Journal of Business Venturing, Elsevier, vol. 38(3).
    15. Olunifesi Adekunle Suraj, 2016. "Managing Telecommunications for Development: An Analysis of Intellectual Capital in Nigerian Telecommunication Industry," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 15(01), pages 1-30, March.
    16. Soufiane Mezzourh & Walid A Nakara, 2009. "Governance and innovation : A Knowledge-based approach [La gouvernance de l'innovation : une approche par la connaissance]," Post-Print halshs-01955966, HAL.
    17. Weitzel, Matthias & Ghosh, Joydeep & Peterson, Sonja & Pradhan, Basanta K., 2015. "Effects of international climate policy for India: evidence from a national and global CGE model," Environment and Development Economics, Cambridge University Press, vol. 20(4), pages 516-538, August.
    18. Joshua C. Hall, Serkan Karadas and Minh Tam T. Schlosky, 2018. "Is There Moral Hazard in the Heavily Indebted Poor Countries (HIPC) Initiative Debt Relief Process?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 43(3), pages 1-24, September.
    19. Mekonnen, Daniel Ayalew & Gerber, Nicolas & Matz, Julia Anna, 2018. "Gendered Social Networks, Agricultural Innovations, and Farm Productivity in Ethiopia," World Development, Elsevier, vol. 105(C), pages 321-335.
    20. Kaika, Dimitra & Zervas, Efthimios, 2013. "The environmental Kuznets curve (EKC) theory. Part B: Critical issues," Energy Policy, Elsevier, vol. 62(C), pages 1403-1411.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jknowl:v:6:y:2015:i:4:p:790-817. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.