Knowledge Economic Index#Knowledge Index

{{update|date=January 2019}}

The Knowledge Indexes were designed as a tool for benchmarking a country's position in relation to others in the global knowledge economy. It was created by the World Bank Institute using the Knowledge Assessment Methodology (KAM). The World Bank discontinued the index after 2012 and it was replaced by The Global Knowledge Index (GKI) from Knowledge4All, a joint initiative between the United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF).{{Cite web |title=Global Knowledge Index |url=https://knoema.com/infographics/aomssce/global-knowledge-index |website=knoema.com}} Criteria listed in a European Bank for Reconstruction and Development (EBRD) document on the KEI published in 2019 include institutional & legal frameworks (as a basis for patents etc.), number of technical graduates, research spending, number of patents, some measure of collaboration, and amount of venture capital.{{cite web |date=2019 |title=Introducing the EBRD Knowledge Economy Index |url=https://www.ebrd.com/documents/policy/download-the-ebrds-knowledge-economy-index.pdf |access-date=16 May 2021 |website=ebrd.com |publisher=European Bank for Reconstruction and development}} In total, 38 contributing indicators are described in the ERBD index methodology.

Knowledge Index

The Knowledge Index (KI) is an economic indicator prepared by the World Bank Institute to measure a country's ability to generate, adopt and diffuse knowledge. Methodologically, the KI is the simple average of the normalized performance scores of a country or region on the key variables in three Knowledge Economy pillars - education and human resources, the innovation system and information and communication technology (ICT).

Knowledge Economic Index

The Knowledge Economy Index (KEI) takes into account whether the environment is conducive for knowledge to be used effectively for economic development. It is an aggregate index that represents the overall level of development of a country or region towards the Knowledge Economy. The KEI is calculated based on the average of the normalized performance scores of a country or region on all 4 pillars related to the knowledge economy - economic incentive and institutional regime, education and human resources, the innovation system and ICT.

The 4 pillars of the Knowledge Economy framework

  • An economic and institutional regime to provide incentives for the efficient use of existing and new knowledge and the flourishing of entrepreneurship;
  • An educated and skilled population to create, share, and use knowledge well;
  • An efficient innovation system of firms, research centers, universities, consultants and other organizations to tap into the growing stock of global knowledge, assimilate and adapt it to local needs, and create new technology;
  • Information and communication technology to facilitate the effective creation, dissemination, and processing of information.

KEI and KI indexes by country

class="wikitable sortable" style="text-align:right"

! Country!! KEI!! KI!!Economic Incentive Regime!!Innovation!!Education !!ICT !!2015 Rank

align="left"|{{flag|Denmark}}9.589.559.669.579.809.281
align="left"|{{flag|Sweden}}9.529.639.189.799.409.692
align="left"|{{flag|Finland}}9.379.339.479.669.788.563
align="left"|{{flag|Netherlands}}9.329.369.189.489.269.364
align="left"|{{flag|Norway}}9.279.279.259.069.609.165
align="left"|{{flag|Canada}}9.219.149.429.439.268.746
align="left"|{{flag|Switzerland}}9.159.039.509.897.699.527
align="left"|{{flag|United Kingdom}}9.099.039.289.188.549.388
align="left"| {{Flag|United States}}9.089.059.169.458.778.939
align="left"|{{flag|Australia}}9.059.178.668.729.649.1610
align="left"|{{flag|Ireland}}8.928.829.239.049.088.3311
align="left"|{{flag|Austria}}8.898.769.308.908.538.8512
align="left"|{{flag|Iceland}}8.888.878.927.989.449.1813
align="left"|{{flag|Germany}}8.878.838.999.008.469.0414
align="left"|{{flag|New Zealand}}8.879.008.488.659.798.5615
align="left"|{{flag|Belgium}}8.738.708.828.969.148.0216
align="left"|{{flag|Taiwan}}8.698.808.359.247.919.2617
align="left"|{{flag|Luxembourg}}8.658.409.428.916.669.6218
align="left"|{{flag|Japan}}8.568.847.719.158.718.6619
align="left"|{{flag|France}}8.478.697.828.619.088.3820
align="left"|{{flag|Estonia}}8.348.228.687.498.278.9021
align="left"|{{flag|Slovenia}}8.258.298.118.318.248.3322
align="left"|{{flag|Spain}}8.248.138.588.148.218.0423
align="left"|{{flag|Singapore}}8.247.759.719.565.198.5024
align="left"|{{flag|Israel}}8.228.248.169.346.728.6425
align="left"|{{flag|Hong Kong, China}}8.207.739.608.645.309.2626
align="left"|{{flag|Italy}}7.868.196.848.047.868.6827
align="left"|{{flag|Hungary}}7.857.678.398.147.627.2528
align="left"|{{flag|Czech Republic}}7.837.708.237.608.117.3929
align="left"|{{flag|Lithuania}}7.687.607.946.598.367.8430
align="left"|{{flag|South Korea}}7.688.385.578.477.978.7131
align="left"|{{flag|Latvia}}7.647.518.046.408.417.7332
align="left"|{{flag|Cyprus}}7.557.477.777.656.458.3233
align="left"|{{flag|Portugal}}7.527.228.447.436.837.3934
align="left"|{{flag|Greece}}7.387.487.087.638.206.6235
align="left"|{{flag|Poland}}7.387.377.396.927.947.2536
align="left"|{{flag|Slovakia}}7.337.127.996.866.987.5137
align="left"|{{flag|Barbados}}7.257.785.667.518.407.4438
align="left"|{{flag|Croatia}}7.197.197.167.546.447.6139
align="left"|{{flag|Chile}}6.926.538.116.816.316.4640
align="left"|{{flag|Bulgaria}}6.806.737.016.437.426.3341
align="left"|{{flag|United Arab Emirates}}6.666.576.956.744.788.1842
align="left"|{{flag|Romania}}6.376.206.875.666.306.6343
align="left"|{{flag|Uruguay}}6.356.316.495.267.186.4844
align="left"|{{flag|Qatar}}6.156.205.995.775.297.5645
align="left"|{{flag|Dominica}}6.075.617.463.766.246.8246
align="left"|{{flag|Costa Rica}}6.065.856.706.245.016.3047
align="left"|{{flag|Malaysia}}6.066.026.186.834.147.0848
align="left"|{{flag|Russian Federation}}5.406.691.556.897.096.0849
align="left"|{{flag|Bahrain}}6.025.756.844.205.827.2250
align="left"|{{flag|Kuwait}}6.015.687.015.054.877.1351
align="left"|{{flag|Ukraine}}5.806.384.065.777.915.4552
align="left"|{{flag|Argentina}}5.496.442.636.856.495.9853
align="left"|{{flag|Trinidad and Tobago}}5.645.545.956.024.346.2754
align="left"|{{flag|Brazil}}5.576.004.306.075.846.0855
align="left"|{{flag|Turkey}}5.615.147.025.674.385.3856
align="left"|{{flag|South Africa}}5.555.475.816.924.514.9857
align="left"|{{flag|Jordan}}5.535.465.775.665.495.2158
align="left"|{{flag|Armenia}}5.515.445.716.176.323.8459
align="left"|{{flag|Mexico}}5.455.485.385.824.855.7760
align="left"|{{flag|Thailand}}5.445.415.515.985.275.0061
align="left"|{{flag|Oman}}5.374.727.324.954.304.9062
align="left"|{{flag|Macedonia}}5.335.235.614.764.876.0663
align="left"|{{flag|Mauritius}}5.184.586.953.704.095.9664
align="left"|{{flag|Saudi Arabia}}5.155.075.394.044.876.2965
align="left"|{{flag|Jamaica}}5.045.403.995.364.106.7466
align="left"|{{flag|Moldova}}5.045.324.194.396.405.1767
align="left"|{{flag|Kazakhstan}}5.015.084.823.777.214.2568
align="left"|{{flag|Belarus}}4.936.390.555.548.005.6369
align="left"|{{flag|Lebanon}}4.864.914.704.694.765.2770
align="left"|{{flag|Tunisia}}4.734.565.264.584.105.0071
align="left"|{{flag|Panama}}4.694.455.395.454.863.0472
align="left"|{{flag|Georgia}}4.695.073.545.385.973.8573
align="left"|{{flag|Peru}}4.644.863.983.885.575.1274
align="left"|{{flag|Mongolia}}4.504.285.182.066.314.4675
align="left"|{{flag|Colombia}}4.424.623.834.264.794.8076
align="left"|{{flag|China}}4.354.464.015.124.114.1677
align="left"|{{flag|Guyana}}4.314.972.334.475.804.6478
align="left"|{{flag|Philippines}}4.254.024.953.634.763.6679
align="left"|{{flag|Venezuela}}4.235.470.515.735.275.4180
align="left"|{{flag|Namibia}}4.193.207.143.302.573.7481
align="left"|{{flag|Sri Lanka}}4.164.074.444.444.912.8582
align="left"|{{flag|Albania}}4.044.083.913.104.944.2083
align="left"|{{flag|Egypt}}4.034.193.574.554.353.6684
align="left"|{{flag|Botswana}}3.963.505.344.342.583.5985
align="left"|{{flag|Dominican Republic}}3.923.814.242.914.114.4286
align="left"|{{flag|El Salvador}}3.913.654.703.193.264.5087
align="left"|{{flag|Azerbaijan}}3.813.933.423.055.033.7388
align="left"|{{flag|Kyrgyzstan}}3.743.903.252.706.252.7589
align="left"|{{flag|Paraguay}}3.623.872.873.474.203.9390
align="left"|{{flag|Ecuador}}3.464.081.583.553.774.9391
align="left"|{{flag|Morocco}}3.453.333.803.672.004.3292
align="left"|{{flag|Bolivia}}3.423.632.783.054.763.0993
align="left"|{{flag|Iran}}3.394.131.183.023.895.4894
align="left"|{{flag|Uzbekistan}}3.284.031.033.516.172.4095
align="left"|{{flag|Algeria}}3.253.502.533.483.643.3796
align="left"|{{flag|Cape Verde}}3.243.053.812.252.963.9697
align="left"|{{flag|Indonesia}}3.233.193.363.323.422.8298
align="left"|{{flag|Honduras}}3.213.183.303.303.173.0699
align="left"|{{flag|India}}3.122.943.673.972.262.59100
align="left"|{{flag|Guatemala}}3.112.883.782.472.213.97101
align="left"|{{flag|Vietnam}}3.023.082.852.833.323.08102
align="left"|{{flag|Swaziland}}2.933.052.564.551.732.88103
align="left"|{{flag|Syrian Arab Republic}}2.903.341.553.442.913.68104
align="left"|{{flag|Nicaragua}}2.872.643.571.992.933.02105
align="left"|{{flag|Kenya}}2.822.653.313.871.492.60106
align="left"|{{flag|Tajikistan}}2.792.932.372.335.341.10107
align="left"|{{flag|Senegal}}2.632.154.072.770.922.75108
align="left"|{{flag|Zimbabwe}}2.513.250.294.092.383.29109
align="left"|{{flag|Ghana}}2.502.003.972.081.802.13110
align="left"|{{flag|Uganda}}2.461.934.042.721.161.92111
align="left"|{{flag|Madagascar}}2.371.514.932.540.761.25112
align="left"|{{flag|Mauritania}}2.351.833.891.750.942.80113
align="left"|{{flag|Tanzania}}2.281.723.982.391.051.70114
align="left"|{{flag|Pakistan}}2.242.182.432.751.072.72115
align="left"|{{flag|Lesotho}}2.151.992.652.701.731.53116
align="left"|{{flag|Benin}}2.101.803.002.331.141.93117
align="left"|{{flag|Nigeria}}2.042.331.162.721.872.41118
align="left"|{{flag|Yemen}}1.801.831.721.681.831.99119
align="left"|{{flag|Mali}}1.781.183.581.690.661.19120
align="left"|{{flag|Mozambique}}1.711.203.241.860.331.41121
align="left"|{{flag|Angola}}1.701.671.762.440.881.70122
align="left"|{{flag|Cameroon}}1.691.851.202.491.361.70123
align="left"|{{flag|Burkina Faso}}1.641.113.242.150.260.93124
align="left"|{{flag|Nepal}}1.611.462.062.041.500.84125
align="left"|{{flag|Malawi}}1.551.172.712.110.870.53126
align="left"|{{flag|Laos}}1.531.681.081.432.011.59127
align="left"|{{flag|Bangladesh}}1.491.631.101.711.521.66128
align="left"|{{flag|Myanmar}}1.481.521.351.172.580.82129
align="left"|{{flag|Rwanda}}1.340.852.801.470.350.74130
align="left"|{{flag|Ethiopia}}1.180.931.951.570.730.48131
align="left"|{{flag|Djibouti}}1.151.141.191.290.491.63132
align="left"|{{flag|Eritrea}}1.071.200.681.560.811.22133
align="left"|{{flag|Sierra Leone}}0.910.920.871.700.670.39134
align="left"|{{flag|Bosnia and Herzegovina}}n/an/a4.243.29n/a5.33135
align="left"|{{flag|Serbia and Montenegro}}n/an/a3.464.85n/a5.59136
align="left"|{{flag|Haiti}}n/an/a1.291.15n/a1.57137
align="left"|{{flag|Côte d'Ivoire}}n/an/a0.572.52n/a2.30138
align="left"|{{flag|Sudan}}n/an/a0.611.97n/a3.84139
align="left"|{{flag|Zambia}}n/an/a2.972.37n/a2.03140

References

{{Reflist}}

Further reading

  • {{cite web |url=http://web.worldbank.org/archive/website01030/WEB/IMAGES/KAM_V4.PDF |url-status=dead |archive-url=http://web.archive.org/web/20220520042228/http://web.worldbank.org/archive/website01030/WEB/IMAGES/KAM_V4.PDF |archive-date=2022-05-20 |publisher=World Bank Institute, Knowledge For Development Program |title=Measuring Knowledge in the World's Economics: Knowledge Assessment Methodology and Knowledge Economy Index}}

Category:Knowledge economy

Category:World Bank

Category:Economic indicators