Fostering GCC's knowledge economy through ICT: Research in progress

Kamla Ali Al-Busaidi

doi:10.1109/HICSS.2016.509

Fostering GCC's knowledge economy through ICT: Research in progress

Kamla Ali Al-Busaidi^*

^*Corresponding author for this work

Information Systems

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

6 Citations (Scopus)

Abstract

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.

Original language	English
Title of host publication	Proceedings of the 49th Annual Hawaii International Conference on System Sciences, HICSS 2016
Publisher	IEEE Computer Society
Pages	4104-4112
Number of pages	9
Volume	2016-March
ISBN (Electronic)	9780769556703
DOIs	https://doi.org/10.1109/HICSS.2016.509
Publication status	Published - Mar 7 2016
Event	49th Annual Hawaii International Conference on System Sciences, HICSS 2016 - Koloa, United States Duration: Jan 5 2016 → Jan 8 2016

Other

Other	49th Annual Hawaii International Conference on System Sciences, HICSS 2016
Country/Territory	United States
City	Koloa
Period	1/5/16 → 1/8/16

Keywords

GCC knowledge economy
ICT
Information and communications technologies
Knowledge Economy
Knowledge-based economy

ASJC Scopus subject areas

Engineering(all)

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10.1109/HICSS.2016.509

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Al-Busaidi, KA 2016, Fostering GCC's knowledge economy through ICT: Research in progress. in Proceedings of the 49th Annual Hawaii International Conference on System Sciences, HICSS 2016. vol. 2016-March, 7427695, IEEE Computer Society, pp. 4104-4112, 49th Annual Hawaii International Conference on System Sciences, HICSS 2016, Koloa, United States, 1/5/16. https://doi.org/10.1109/HICSS.2016.509

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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.

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Fostering GCC's knowledge economy through ICT: Research in progress

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Keywords

ASJC Scopus subject areas

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