Indicators of Measuring Knowledge-Based Economy: a comparative study with reference to Egypt’s situation and strategies in turning to knowledge Economy

Abstract

The economic, social and political changes in the world asserted the need for turning to the knowledge economy, which based on knowledge as a basic element of development. Different countries had many initiatives to adopt indicators to measure the knowledge-based economy. This study aims to make a comparison of initiatives and indicators of Knowledge-Based Economy. In addition, it aims to clarify the role of libraries in establishing a knowledge-based economy, and to identify Egypt’s situation among the system of Knowledge-based economies, according to World Bank indicators. Besides, the study attempts to identify Egypt’s strategies in turning to knowledge-based economy. This study follows the descriptive analytical method to identify knowledge-based economy measurement indicators; and the comparative method to compare these indicators to show the similarities and differences between them.