TY - GEN
T1 - Fostering GCC's knowledge economy through ICT
T2 - 49th Annual Hawaii International Conference on System Sciences, HICSS 2016
AU - Al-Busaidi, Kamla Ali
N1 - Publisher Copyright:
© 2016 IEEE.
PY - 2016/3/7
Y1 - 2016/3/7
N2 - The transformation toward the knowledge economy is inevitable for countries in the Gulf Cooperation Council (GCC), which currently seek to diversify their economies away from heavy dependence on the diminishing resource of oil. The knowledge economy, based on the abundant resource of knowledge, can be promising for small developing countries. This research-in-progress study assesses the value of information and communications technologies (ICT) pillar on the GCC's knowledge economy and its other pillars of education and human resources, economic and institutional regimes, and innovation systems. Based on a simple correlation analysis of 1995, 2000, and 2012 knowledge economy indices of GCC countries, this paper illustrates the increasing value of ICT in exploiting knowledge resources and developing the knowledge economy and its pillars. Its findings can assist GCC and other developing countries in further investing in ICT to develop their knowledge economy and consequently gain economic value from exploiting its knowledge resources.
AB - The transformation toward the knowledge economy is inevitable for countries in the Gulf Cooperation Council (GCC), which currently seek to diversify their economies away from heavy dependence on the diminishing resource of oil. The knowledge economy, based on the abundant resource of knowledge, can be promising for small developing countries. This research-in-progress study assesses the value of information and communications technologies (ICT) pillar on the GCC's knowledge economy and its other pillars of education and human resources, economic and institutional regimes, and innovation systems. Based on a simple correlation analysis of 1995, 2000, and 2012 knowledge economy indices of GCC countries, this paper illustrates the increasing value of ICT in exploiting knowledge resources and developing the knowledge economy and its pillars. Its findings can assist GCC and other developing countries in further investing in ICT to develop their knowledge economy and consequently gain economic value from exploiting its knowledge resources.
KW - GCC knowledge economy
KW - ICT
KW - Information and communications technologies
KW - Knowledge Economy
KW - Knowledge-based economy
UR - http://www.scopus.com/inward/record.url?scp=84975509357&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84975509357&partnerID=8YFLogxK
U2 - 10.1109/HICSS.2016.509
DO - 10.1109/HICSS.2016.509
M3 - Conference contribution
AN - SCOPUS:84975509357
T3 - Proceedings of the Annual Hawaii International Conference on System Sciences
SP - 4104
EP - 4112
BT - Proceedings of the 49th Annual Hawaii International Conference on System Sciences, HICSS 2016
A2 - Sprague, Ralph H.
A2 - Bui, Tung X.
PB - IEEE Computer Society
Y2 - 5 January 2016 through 8 January 2016
ER -