(Finland, Bahrain, Iraq) as a model
Prof. Kazem Ahmed Al-Batat
m.d. kamal kazim jawad
Knowledge economy Reflects the growing importance of knowledge in economic activity, especially when it became after one of the information revolution of the main sources of global economic growth, and rotating axis of the knowledge economy on the acquisition by individuals, organizations and communities in order to use it effectively in the economic and social development, several factors has contributed in the activation of the role of knowledge in economic activity, notably the use of science and technology to enhance the competitiveness of national economies, and investment in intangible assets such as research and development, software and education instead of investing in fixed capital, and the revolution in information and communications technology that have enhanced connectivity and communication between the whole world, but this knowledge make a risk to most developing countries due to the growing knowledge gap between developed and developing countries, as the developed countries create the knowledge and worked to use it in the economic, social and cultural fields, while the developing countries has the chance to benefit from global knowledge balance]
growing failed due to the prevailing economic systems, and the weakness of public and private productive enterprises, limited community awareness, and the danger that threatens developing countries concurrently knowledge revolution with the globalization and liberalization of world trade and the increasing of international competition, which weakened the competitiveness of these countries compared to developed countries and contributed to the depletion of natural resources in developing countries and the loss of the advantage of lower production costs due to the abundance of manpower.