TY  - JOUR
A1  - Oluwatobi, Stephen
A1  - OLURINOLA, Isaiah Oluranti
A1  - Alege, P. O.
A1  - Ogundipe, Adeyemi A.
SP  - 62
IS  - 1
Y1  - 2020///
ID  - eprints17798
EP  - 81
AV  - public
PB  - Taylor and Francis Group
JF  - Journal of the Academy of Social Sciences
KW  - Economic growth
? human capital
? ICT
? innovation
? institutions
? knowledge economy
VL  - 15
TI  - Knowledge-driven economic growth: the
case of Sub-Saharan Africa
N2  - The experience of South Korea, India, China and Singapore reveals that developing
economies can fast-track development, leapfrog the stages of development and catch
up with advanced economies by putting knowledge capital as the driver of development.
If the knowledge economy is therefore an accelerant of development for both advanced
and developing economies, it is possible for Sub-Saharan African (SSA) economies to
also catch up with advanced economies. It was on this basis that this study assessed
the knowledge capacity of SSA and the effect it has on its economic advancement.
Given the importance of the interrelatedness among the knowledge economy elements,
this study, thus, examined how the interaction effect between the elements of the
knowledge economy affects economic growth in 32 SSA countries, for which data were
available, over a period of 17 years (1996?2012). Using the System Generalised
Method of Moments (SGMM), the study found out that institutions and human capital in
SSA mitigate the effect of innovation on economic growth in the region, thus, making it a
lean knowledge economy.
UR  - http://eprints.covenantuniversity.edu.ng/17798/
SN  - 2158-2041
ER  -