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367334

The Role of the Knowledge Economy in Achieving Sustainable Development in Kuwait in the Period (2000-2022)

Article

Last updated: 01 Jan 2025

OverviewSimilar Items

Subjects

-

Tags

Agricultural economics

Abstract

This study aimed to measure the impact of the knowledge economy on sustainable development in the Kuwaiti economy during the time period (2000-2022). It tested a basic hypothesis, which is: “The various aspects of the knowledge economy have a positive impact on sustainable development in Kuwait". The measurement was done using the ordinary least squares method OLS, then the causal relationship between the overall knowledge economy index and sustainable development was tested.
The results of the study indicate that there is a positive and significant impact for most aspects of the knowledge economy represented by innovation, information technology and scientific research on the total productivity of sustainable development factors and thus economic growth, and there is a negative and significant impact for the infrastructure of information and communications technology, the environmental investment index and the use of fossil fuels. The test also showed “Granger - Causality" the existence of a causal relationship that goes from the overall knowledge economy index (KEI) to the total productivity growth rate of the sustainable development index, and also to the economic growth rate.
According to the above, the research recommends the following:

Striving to keep pace with rapid technological changes to accommodate the ongoing developments in information and communications technology, and trying to apply the results of this research in the field.
Advocating for development and innovation through national plans supported by regional and international agreements.

DOI

10.21608/asejaiqjsae.2024.367334

Keywords

Scientific research, communication technology, Economic research, Research &Development, Social Development

Authors

First Name

Jarrah

Last Name

Motlak Dughaim Alkhaldi

MiddleName

-

Affiliation

General Agency of Practical Education, Kuwait

Email

jarah_55@hotmail.com

City

-

Orcid

-

First Name

Walaa

Last Name

Ali Mohamed

MiddleName

-

Affiliation

Associated professor, faculty of Agriculture, cairo University

Email

walaaali82@agr.cu.edu.eg

City

القاهرة

Orcid

-

Volume

45

Article Issue

3

Related Issue

49063

Issue Date

2024-09-01

Receive Date

2024-07-16

Publish Date

2024-09-01

Page Start

343

Page End

352

Print ISSN

1110-0176

Online ISSN

2536-9784

Article File

ASEJAIQJSAE_Volume 45_Issue 3_Pages 343-352.pdf

PDF . 306.4kB

Link

https://asejaiqjsae.journals.ekb.eg/article_367334.html

Detail API

https://asejaiqjsae.journals.ekb.eg/service?article_code=367334

Order

1

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

https://asejaiqjsae.journals.ekb.eg/

MainTitle

The Role of the Knowledge Economy in Achieving Sustainable Development in Kuwait in the Period (2000-2022)

Details

Type

Article

Created At

23 Dec 2024