International Conference on Eurasian Economies
29-31 August 2016 – Kaposvár, HUNGARY
Paper detail
Paper ID : 1541
Status : Paper published
Language : English
Topic : Growth and Development
Presenter: Dr. Burcu Sakız
Session : 2A Growth
Turkey on the Path of Establishing Knowledge Economy: Icts and Policies
Bilgi Ekonomisi Yolunda Türkiye: Bilgi, İletişim Teknolojileri ve Politikalar
- Dr. Burcu Sakız (Istanbul Aydın University, Türkiye)
- Semih Sakız (Garanti Technology, Türkiye)
Abstract
Economical development and knowledge are highly related to each other. In today's world, knowledge-based economy is redefining enterprises, empowering individuals and re-shaping the links between education and work. It is clear that advent of the knowledge economy shapes and changes the ways in which enterprises organize their activities in the market place. The application of knowledge is one of the main sources of growth in the global economy and it becomes the strategic factor for the success. This paper presents the concept of the knowledge economy and its framework. World Bank developed a methodology called “Knowledge Assessment Methodology” to measure the progress of countries towards having a knowledge based economy and provide a basic assessment of their readiness for the knowledge economy. It has 4 pillars including 83 structural and qualitative variables and 12 knowledge indicators. Countries can get reports of their relative performance and do benchmarks to see their similarities, differences, strengths, weaknesses. This paper introduces the analysis of knowledge economy from Turkey’s perspective especially for the role of Economic and institutional regime and Information and Communication Technologies (ICTs) pillars in the development of Turkey.
JEL codes: O30, O32, O38
Sakız, Burcu, Sakız, Semih (2016). "Turkey on the Path of Establishing Knowledge Economy: Icts and Policies" in Proceedings of International Conference of Eurasian Economies 2016, pp.64-73, Kaposvár, HUNGARY.
DOI: https://doi.org/10.36880/C07.01541
