Theorists have predicted the emergence of the new economic era in which knowledge is the main source of wealth and economic output. In other words, in a new era, the economy is getting away from the resource-based method and is getting close to the knowledge-based one.
More
Theorists have predicted the emergence of the new economic era in which knowledge is the main source of wealth and economic output. In other words, in a new era, the economy is getting away from the resource-based method and is getting close to the knowledge-based one. Knowledge-based economy formed based on the production, distribution and application of knowledge and information. Therefore, investing in knowledge and knowledge-based industries got particular attentions. This paper reviews the literatures of knowledge-based economy due to its importance, and the emphasis of The Supreme Leader on special attentions of policy makers to implementation of it based on upstream documents. This article is provided according to the analytical and descriptive method based on available documents. The knowledge-based economy is addressed in the course of economic ideas, theories of knowledge-based economy, definitions, characteristics, advantages, elements, measuring indicators, policies of the knowledge-based economy in Iran, situation of Knowledge-based economy in Iran based on World Bank Index. At the end conclusion is presented. The results show that the fulfilling of the knowledge-based economy requires trained and skilled workforce, supportive government policies, making reform in society culture, efficient innovation system, indigenous knowledge, ICT, institutional and government stimulus, supporting intellectual property rights and so on. Although the World Bank 2005 report shows that there was a very significant imbalance between the indicators. By government efforts, the imbalance was declined slightly in 2007 and according to the latest World Bank report in 2012, Iran with an average 3/91 has gained the rank of 94 between 146 countries in terms of the knowledge-based economy.
Manuscript profile
