n African Journal of Science, Technology, Innovation and Development - Science and technology policies in networked environment : case of Finland and South Africa

Volume 2, Issue 3
  • ISSN : 2042-1338
  • E-ISSN: 2042-1346
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Knowledge Economy has become a key concept to accelerate economic and social development in any country around the world. Knowledge Economy or knowledge-based economy refers to building the knowledge base of an economy that generates economic growth, employment, enhances exports, productivity and regional development. These outputs can be achieved through long-term investment in the knowledge base of an economy, meaning investment in education system, science and technology and research and development. This means a systemic approach in any country to build their innovation system both at the national and regional levels. Countries and economies are operating increasingly in networked environment meaning that dependencies are strong between economies and between international and domestic actors in economies.

In this paper science and technology, and other related policies are compared, in building national innovation system as a knowledge base for economy in Finland and South Africa. The objective is to identify what are the similarities and differences between the policies in these countries from the perspective of building knowledge economies.

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